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Business envoy

Business envoy July 2021

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Business envoy July 2021 [PDF 2.6 MB]

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  • Every business understands the importance of having a diversity of customers. Diversity offers greater protections against changes in circumstances because you’re not reliant on one or a handful of customers.

    Dan Tehan
    Category
    Trade and investment
  • The mid-June 2021 announcement by Prime Ministers Morrison and Johnson of an agreement in principle on the core elements of a bilateral free trade agreement will guide the negotiations to successful conclusion over the coming months.

    Elisabeth Bowes
    Category
    Trade and investment
  • As part of the Australian Government $72.7 million Agribusiness Expansion Initiative (ABEI), the Australian Trade and Investment Commission (Austrade) and the Department of Agriculture, Water and the Environment are helping Australian agribusinesses expand and diversify their export markets.

    Category
    Trade and investment
  • Economies around the world are emerging from COVID-19 at differing speeds with uneven economic growth. Facing a more complex regional landscape, many organisations are increasingly considering how to diversify for a post-pandemic world. Unlocking opportunities in the Indo-Pacific will remain key to longer-term growth for Australian companies.

    Penny Burtt
    Category
    Trade and investment
  • This year – 2021 – we celebrate 75 years of Australia and Philippine diplomatic ties.

    Steven J. Robinson AO Ambassador to the Philippines. Image credit: DFAT
    Category
    Trade and investment
  • Electricity costs in the Philippines are among the highest in the region. There are significant energy opportunities for Australian expertise, innovations, and capital to meet this unmet need, particularly for renewable energy.

    The group pose formally, wearing facemasks.
    Category
    Trade and investment
  • Clean hydrogen is a priority technology in Australia’s Technology Investment Roadmap. The Roadmap aims to remove the ‘green premium’ of low emissions technologies and accelerate their deployment, both in Australia and overseas. The Roadmap brings a strategic and system-wide view to future investments in low emissions technologies, in partnership with the private sector and the states and territories.

    Two representatives from Star Scientific converse with Prime Minister Scott Morrison and the Minister Angus Taylor. All are wearing hi viz vests.
    Category
    Trade and investment
  • It has been a difficult few months for India. The second wave of COVID-19 has had a notable impact on predictions for India’s economic recovery. The IMF, for instance, has revised its expectations for Indian growth from 10.1 per cent to 8.3 per cent for the current financial year.

    A busy shopping street, crowded with pedestrians. Road traffic consists predominantly of buses, motorcycles and some taxis.
    Category
    Trade and investment
  • Ongoing reduction of Mexican tariffs on beef and lamb under the CPTPP will provide opportunities for Australian exporters to grow the existing USD25 million share of the USD885 million Mexican red meat market.

    Business envoy - trade diversification
    Category
    Trade and investment
  • Australia’s second largest trading partner, Japan continues to provide opportunities for Australian exporters.

    Brightly coloured shrub covered in pink and crimson flowers.
    Category
    Trade and investment
  • True South Seafood is one of Australia’s largest abalone exporters, having transformed from modest beginnings in 1996 to being a premium supplier of quality Tasmanian wild-caught live abalone and New Zealand Pāua.

    The CEO and a colleague in hi viz vests and a worker in protective fisheries apron and gloves, examine a sea urchin for quality.
    Category
    Trade and investment
  • The Department of Education, Skills and Employment (DESE) is working with a range of stakeholders domestically and internationally to diversify Australia’s international education sector so this key sector is adaptable, resilient and competitive into the future. Diversification of the international education sector will help maintain Australia’s global competitiveness and guide the sector’s recovery during and beyond the COVID-19 pandemic.

    Officials and students pose lightheartedly for the camera.
    Category
    Trade and investment
  • As Australia’s export credit agency, Export Finance Australia helps Australian businesses to expand into new markets when finance from commercial providers is unavailable.

    Export Finance Australia
    Category
    Trade and investment
  • Export Market Development Grants is a key Australian Government financial assistance program supporting Australian businesses since 1974.

    Expert Market Development Grants 2021-22 Grant Guidelines publication cover page
    Category
    Trade and investment
  • The Australian Government is investing $20.1 million over two years to deliver a Global Resources Strategy.

    Australia's Global Resources Strategy publication cover page
    Category
    Trade and investment
  • Trade diversification creates new and expanded international business opportunities, and builds more agile, resilient, and sustainable businesses. Australia is working in and with the world’s key economic institutions to increase openness and certainty in the international trading environment – opening new opportunities for Australian business.

    Map showing pins and lines connecting the pins
    Category
    Trade and investment
  • The Australian Government is celebrating the 60th anniversary of diplomatic relations with the Republic of Korea this year, a period in which our two countries have developed deep people-to people-links, a strong and complementary trade and investment relationship, collaboration on science, technology and innovation and shared strategic interests.

    A young Indian wicketkeeper, arms outstretched, braces to catch a cricket ball. She is cheered on by two young Australian women cricketers.
    Category
    Trade and investment
  • The economic impacts of the COVID-19 pandemic resulted in lower cross-border investment around the globe.

    Business envoy - trade diversification
    Category
    Trade and investment
  • South Australia continues to develop its innovation credentials. In April, Lot Fourteen – an Adelaide-based innovation precinct in the CBD – welcomed Google Cloud as a new tenant.

    A Lot Fourteen sign, including a plan of the campus, stands at the pedestrian mall entrance.
    Category
    Trade and investment
  • Held every five years, the World Expos are global events, which provide a significant platform for nations to celebrate innovation, educate the public on progress made by humanity, and most importantly, foster cooperation between businesses, academics, scientists, and countries.

    A young Emirati girl takes a picture of the lit Australian Pavilion at twilight.
    Category
    Trade and investment

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Acknowledgements

business envoy brings insights from Australia’s global diplomatic network to the Australian business community. It considers global geopolitical events and trends, their economic implications and what they might mean for Australian business.

business envoy is produced in the Trade, Investment and Business Engagement Division of the Department of Foreign Affairs and Trade.

Any views expressed within are those of DFAT officers and not the views of the Australian Government.

DFAT does not guarantee, and accepts no legal liability arising from or connected to, the accuracy, reliability, currency or completeness of any material contained in this publication. DFAT recommends that readers exercise their own skill and care with respect to their use of this publication and should obtain professional advice relevant to their particular circumstances.

With the exception of the Commonwealth Coat of Arms and where otherwise noted, all material presented in this publication is provided under a Creative Commons Attribution 3.0 Australia licence. Material in this publication can be shared or adapted for any purpose in accordance with the licence terms available on the Creative Commons website.

The Department of Foreign Affairs and Trade acknowledges the traditional owners of country throughout Australia, and their continuing connection to land, sea and community. We pay our respects to them and their cultures, and to elders past, present and emerging.

Contact

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