Damien O'Connor: Outgoing Trade Minister on the necessity of the new free trade agreement

Published: Nov. 23, 2023, 7:02 p.m.

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The outgoing Trade Minister is adamant that the country\'s new FTA with the EU is necessary.\\xa0

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The agreement has been passed by the European Parliament and is expected to come into force early next year.\\xa0

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However, meat and dairy farmers have criticised the limited gains we\'ve secured, which saw Australia pull out of a deal last month.\\xa0

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But Damien O\'Connor told Mike Hosking the reality is that we can\'t just shut up shop to free trade.\\xa0

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He says if we don\'t have it it\'ll cost us all a lot more money, make us less efficient, and lead to poor use of our resources.\\xa0

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