Free trade agreements of this kind between the European Union and Japan or the recently adopted agreement with Canada are a source of prosperity and strong growth, as they open up new markets and improve access to existing markets for our exports, thereby promoting the creation of quality jobs, the main priority of the government`s economic policy. In his recent State of the European Union address, European Commission President Jean-Claude Juncker then announced that Australia would be one of the first targets of streamlined trade deals. If the accelerated negotiations proceed as proposed, trade will be separated from investment issues, meaning that the current ratification process would not be necessary and an agreement could be reached more quickly. . . .