The Governments of Australia, Canada, Japan, New Zealand, the United Kingdom and the United States of America endorsed a Joint Declaration Against Trade-Related Economic Coercion and Non-Market Policies and Practices at a Ministerial meeting in Paris on 8 June 2023.

Work to manufacture and lay the East Micronesia Cable (EMC) is officially underway. The EMC Management Committee members have signed the undersea cable contract with NEC Corporation following a competitive tender. 

Prime Minister Albanese and Acting Prime Minister of Singapore, His Excellency Lawrence Wong, launched on 2 June 2023, the joint $20 million Go-Green Co-Innovation Program (GGCIP) to provide grants to drive co-innovation between Singaporean and Australian small and medium enterprises to develop green products and services.

The agreement is a gold standard trade deal that delivers benefits for all Australians – including manufacturers, workers, farmers, tradies, innovators, families, and students.