Agriculture Minister David Littleproud said farms with trade projects or missions are encouraged to apply. The ACACA program also helps our agriculture, fisheries and forestry explore the new opportunities offered by the China-Australia Free Trade Agreement (ChAFTA) and China`s expanding market. The expected outcome of the program is the funding of trade projects and missions: „ACACA aims to strengthen our relationship with our largest export market for agricultural, fisheries and forest products, which is worth nearly $13.6 billion in 2017/2018,“ said Minister Littleproud. Support will be provided to activities to improve agricultural cooperation between Australia and China, including technical exchanges, training programs, conferences, missions, workshops, information exchange and programs, industrial scoping missions and feasibility studies. The ACACA program is an ongoing and competitive scholarship program, with calls for applications each year or twice a calendar year during which funding allows it. The objectives of the programme are: – Promoting bilateral cooperation and cooperation in the fields of agricultural fisheries, forestry and regulation, biosecurity and food security Cooperation between Australia and China – Development, improvement and expansion of Trade Relations and Trade Links between Australia and China – Exchange of Scientific and Technological Information between Australia and China China is Australia`s largest export market for agricultural products, fisheries and forestry. Our agricultural, fishing and forestry exports to China totaled $15.1 billion in 2018/2019 (source: ABARES 2019). Activities eligible for project funding include: – technical exchanges – transfer of officers – participation in conferences – working groups – training programmes – workshops – research and development – exchange of information – feasibility studies – masterclasses. The Agricultural Cooperation Agreement in Australia provides agricultural, forestry and fishing companies with financing for trade projects or missions to promote cooperative agricultural relations with China. The program works and promotes a funding opportunity (funding cycle) each calendar year or twice in a calendar year in which funding allows it. The beneficiaries of ACACA are the Australian agriculture, fishing, meat, forestry, regulatory, biosecurity and food security industries, organizations, businesses and individuals, including their respective industries or sectors, who wish to improve cooperation between Australia and China. The Australian government is calling, through an open competition procedure, for the implementation of trade projects and missions under the Australia-China Agricultural Cooperation Cooperation Agreement (ACACA) 2020 (the programme).
The program is part of an agreement between the Australian and Chinese governments. The agreement was signed in 1984 to improve cooperation between agricultural industries, develop trade relations and create a forum for the reciprocal exchange of scientific information between the two countries. The Australia-China Agreement on Agriculture is a contractual program that helps our agriculture, fisheries and forestry develop new opportunities through ChAFTA. The possibility of a CACA grant in 2019 is a contractual agreement between the Australian and Chinese governments. The program operates under this agreement. Subsidies of up to $50,000 (including GST) are available for projects to develop Australia`s agricultural trade relations with China. Under the Australia-China Agricultural Cooperation Agreement (ACACA) program for 2019, $100,000 in subsidies are now available to expand agricultural trade between Australia and China.