Exporters big winners as Barnaby Joyce unveils $5.3 million in grants
Agriculture Minister has unveiled a funding package in order to help small exporters tackle overseas markets.
Kangaroo meat and avocado exporters are among the major winners of the funding program, with a number of kangaroo exporters set to receive a share of $350,000 in order to develop better quality controls for their products.
Avocados Australia, meanwhile, will receive $250,000 under the funding package to better target markets in Asia and the Middle East.
The funding announcement comes as the Government continues to negotiate its free trade agreement with China.
A number of economists believe small and medium business is likely to benefit from the China free trade agreement, however small businesses still lack the same information and capital as large companies when it comes to taking their products overseas.
Important for the smaller end of town to reap international trade benefits.
“These grants give export industries a leg-up to international markets,” Joyce said.
“They will help agribusinesses and their regional communities to grow. This targeted support comes on the back of historic trade agreements the government has signed with China, Japan and Korea and recent access for mangos and lychees to the United States of America.”
The grants are also aimed at leveraging new technology, including the development of an app for kangaroo products and better online systems for grape and citrus growers.
“We’re backing the kangaroo industry to make the most of export opportunities, working with the dairy industry to develop a stronger food safety culture and setting up an advisory service for small exporters in Victoria,” he said.
“There’s funding for a residue testing program for the seafood sector, biosecurity management for the growing cherry industry and a whole raft of innovations for grain growers to leverage our enviable international reputation for safe, reliable, high-quality produce.”
Large percentage of Australian exporters are actually small businesses.
We need to support those companies because, ultimately, they can become the fast-growing exporters. They also have fewer resources when it comes to tackling barriers they encounter.
The grants will go a long way in helping small exporters take advantage of Australia’s free trade agreements, particularly when it comes to the correct labelling and certification of products in other countries.
Free trade agreements should be about freer trade – they aim to improve access to all barriers of trade across goods and services, but there are a number of non-tariff barriers that companies need to navigate.