The productivity commission will be undertaking two six-month inquiries into whether the food processing industry will need World Trade Organisation emergency safeguards.
As reported by the Weekly Times Now, both inquiries will assess the impact of imported processed fruit and tomatoes on Aussie producers.
- Whether conditions are such that safeguard measures would be justified under the WTO Agreement
- If so, what measures would be necessary to prevent or remedy serious injury and to facilitate adjustment
- Whether, having regard to the Government’s requirements for assessing the impact of regulation which affects business, those measures should be implemented
If these circumstances are found to exist, the commission will then recommend what provisional safeguard measures would be appropriate to take.
The final report is expected to be released with six months.
The decision to launch the investigation is said to have been prompted by SPC Ardmona who had recently given into pressure from cheap imported fruit products, resulting cutting supplies from over 170 growers in the Goulburn Valley region.
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