AUSTRALIAN EMBASSY TOKYO Key Messages Brief February Open trade

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					                                AUSTRALIAN EMBASSY, TOKYO


Key Messages Brief
6 February, 2009


Open trade flows must be part of the solution to stimulate global growth

Key message: The Australian Government opposes protectionism. Trade is not the
problem – it is part of the solution to the global downturn.

.    Open trade flows must be part of the solution to the current global downturn

     −      resorting to protectionism would only hamper efforts to stimulate global growth.

     −      raising trade barriers would only drive up prices and hurt consumers and
            businesses

     −      such action will send the world into a retaliatory downward spiral.

.    The Australian Government will continue to oppose protectionist measures – a message
     we will continue to advocate both at home and abroad

     −      at the G20 Meeting last November, Leaders agreed to refrain from raising new
            barriers to trade and investment, imposing new export restrictions, or
            implementing measures to stimulate exports that are inconsistent with WTO rules

            :       This was followed by a similarly robust commitment by APEC Leaders

     −      we have objected strongly to the European Commission’s re-introduction of dairy
            export subsidies

     −      we have also expressed our strong concerns about the “Buy American” provisions
            in the US stimulus package

            :       the Minister for Trade has welcomed US President Barack Obama’s
                    comment that the US “can’t send a protectionist message”.

.    Open trade flows will help the world take maximum advantage of the coordinated
     stimulus packages being put in place

     −      trade reform is therefore more important than ever at this time

the world needs to conclude the Doha Development Round to keep trade flows open and to
combat protectionist pressures.




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