{"id":5271,"date":"2018-12-13T08:30:08","date_gmt":"2018-12-12T22:30:08","guid":{"rendered":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/?p=5271"},"modified":"2018-12-12T15:51:37","modified_gmt":"2018-12-12T05:51:37","slug":"israel-embassy-issue-costs-australias-farmers","status":"publish","type":"post","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/israel-embassy-issue-costs-australias-farmers\/","title":{"rendered":"Israel embassy issue costs Australia’s farmers"},"content":{"rendered":"
\n

What’s really at stake in the stand-off between Canberra and Jakarta over the potential relocation of the Australian embassy in Israel from Tel Aviv to West Jerusalem?<\/p>\n<\/div>\n

We\u2019ve been told this issue has caused the postponement of the conclusion of the Indonesia-Australia Comprehensive Economic Partnership Agreement, the free-trade agreement ready for signing during one of the meetings both countries\u2019 leaders have been attending during this annual summit season.<\/span><\/p>\n

The\u00a0Weekly Times\u00a0<\/i>has said the postponement is costing Australian farmers $14 million in monthly sales, with agriculture making up half of all exports to Indonesia \u2014 those farm products being valued at $3.5 billion last year.<\/p>\n

About $1.3bn came from the sale of 4.2 million tonnes of wheat last year. The FTA would grant access for a further half million tonnes of feed grain \u2014 worth up to $12.5m a month, while tariff cuts on potatoes and carrots would gain exporters about $1m and $420,000 per month respectively.<\/p>\n

Trade expert Alan Oxley adds in the latest report of his firm ITS Global that \u201cIndonesia is one of the biggest markets for Australian boxed beef, offal and live cattle exports, with all three worth almost $1bn annually.\u201d<\/p>\n

Please click here to read the full “Israel embassy issue costs Australia’s farmers<\/a>” article in The Australian, written by Griffith Asia Institute Industry Fellow, Rowan Callick.<\/p>\n","protected":false},"excerpt":{"rendered":"

What’s really at stake in the stand-off between Canberra and Jakarta over the potential relocation of the Australian embassy in Israel from Tel Aviv to West Jerusalem? We\u2019ve been told this issue has caused the postponement of the conclusion of the Indonesia-Australia Comprehensive Economic Partnership Agreement, the free-trade agreement ready for signing during one ofContinue reading “Israel embassy issue costs Australia’s farmers”<\/span><\/a><\/p>\n","protected":false},"author":42,"featured_media":5272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[233,247],"tags":[888,807],"class_list":["post-5271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feature-series","category-indonesia-and-southeast-asia","tag-indonesia-trade","tag-rowan-callick"],"acf":[],"modified_by":"Jill Moriarty","yoast_head":"\nIsrael embassy issue costs Australia's farmers | Griffith Asia 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