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- (-) May 2016
- (-) Australia
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The Philippines and Member States of the European Free Trade Association (EFTA) – Iceland, Liechtenstein, Norway, and Switzerland – signed a comprehensive Free Trade Agreement (FTA) on April 28, 2016.
Australia is a comparatively small producer of milk but accounts for over five percent of international dairy trade.
Australian wheat production in 2016/17 is forecast at 24 million MT, around the same level as the previous year.
Australia normally produces around four million MT of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of the total.