Australian Exporters List 30 Trade Barriers Since Launch of New Register
The Trade Barriers Register (TBR) was recently launched by FIAL, ECA, and Industry Growth Centres in Australia, with 30 trade barriers already listed by exporters to help them compete globally and overcome challenges such as red tape and technical regulations. The TBR not only provides a platform for exporters to report barriers, but also serves as an information portal for the latest trade news and offers advice on minimizing the impact of these obstacles.
Australian exporters have listed 30 trade barriers since Food Innovation Australia Limited (FIAL), the Export Council of Australia (ECA) and Industry Growth Centres collaborated to launch a new Trade Barriers Register (TBR) recently.
The TBR was launched to better understand the challenges that impede the ability of Australian exporters to compete globally, and to assist them to overcome these.
Ahead of the launch of the TBR in September; red tape, opaque standards, unnecessary technical regulations and discriminatory practices were some known obstacles.
Besides giving exporters a platform to report regulatory and commercial barriers, the register serves as an information portal where producers can find the latest trade news.
Once exporters report these barriers, they are either advised on how to minimize the impact or the barriers are removed.
At the time of the launch, acting CEO of the ECA Heath Baker pointed out that as “free trade agreements have lowered the tariffs Australian businesses face internationally, other forms of trade barriers have grown in relevance.”