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Australian farmers are urging their political leaders to secure a swift trade accord with South Korea, ahead of free-trade negotiations1 that are scheduled to start in May. Australian beef producers are worried that their hopes for greater access to the lucrative2 Korean market will be derailed by an expected return of American beef exports, which have been affected4 by a case of mad cow disease.
South Korean President Lee Myung-bak shakes hands with Australian Prime Minister Kevin Rudd during press conference in Canberra, 05 Mar3 2009
Earlier this month, Canberra and Seoul announced talks on a free-trade agreement will start soon.
Australia's beef farmers have moved quickly to urge the government to make sure their lucrative sales to South Korea are maintained, as American producers prepare to re-enter the market.
Until four years ago, the United States was the largest exporter of beef to South Korea. The trade was halted after bovine5 spongiform encephalitis - or mad cow disease - was discovered in an American cow. South Koreans subsequently banned importation of American beef.
Sales of U.S. beef are to resume when Washington and Seoul ratify6 their free-trade agreement, which would likely give American exporters preferential terms.
David Inall from the Cattle Council of Australia says it is important that the interests of its members are looked after, amid the threat of more competition from American farmers.
"The South Korean market is critically important for the Australian beef industry. It's our third largest market. It has recorded significant growth over the past four to five years," he said.
Exports of Australian beef generate $480 million, annually7.
Australian Trade Minister Simon Crean is keen to maintain his country's strong beef exports to South Korea.
"The U.S. free-trade agreement that now gives, opens up access again to U.S. beef into the Korean market is another reason why we have to get this FTA (Australian-South Korean free-trade agreement) up," he said. "We can't be put at a competitive disadvantage now that we've established such a strong toehold. So yes, beef's one of those key areas of interest."
Any free-trade pact8 between Australia and South Korea would be expected to lower a range of tariffs9 to help expand trading links between the two nations.
In 2008, bilateral10 trade stood at $23 billion.
1 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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2 lucrative | |
adj.赚钱的,可获利的 | |
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3 mar | |
vt.破坏,毁坏,弄糟 | |
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4 affected | |
adj.不自然的,假装的 | |
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5 bovine | |
adj.牛的;n.牛 | |
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6 ratify | |
v.批准,认可,追认 | |
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7 annually | |
adv.一年一次,每年 | |
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8 pact | |
n.合同,条约,公约,协定 | |
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9 tariffs | |
关税制度; 关税( tariff的名词复数 ); 关税表; (旅馆或饭店等的)收费表; 量刑标准 | |
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10 bilateral | |
adj.双方的,两边的,两侧的 | |
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