Annex B 6.2: Austrade-Enterprise Singapore MOU to Support a Green Business Partnership
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Area of Cooperation
Engagements and Partnerships
Support businesses from both countries to leverage trade and investment opportunities between Singapore and Australia in areas of mutual interest under the GEA by pursuing joint projects that:
- Promote and facilitate trade and investment in priority green economy sectors, and
- Facilitate business-to-business engagement and promotion of opportunities in the green economy in Singapore and Australia.
The Australian Trade and Investment Commission (Austrade) and Enterprise Singapore (EnterpriseSG) will enter into a Memorandum of Understanding (MOU) to create a framework to support delivery of a Green Business Partnership which will promote stronger trade and investment links that support the objectives of the GEA, including through, but not limited to:
- Joint promotion of events and opportunities for business matching at third party events
- e.g. Promotion of events and opportunities via Austrade and EnterpriseSG and Austrade distribution channels, including via partners, to encourage participation by Singapore and Australia businesses. Opportunities to explore sideline events for 1-1 business matching or support the conferences through identifying keynote speakers etc.
- Joint summits/webinars/seminars on green economy opportunities in Australia and Singapore
- e.g. Co-organise two sectoral focused sharing sessions per year, one on opportunities in Singapore and one on opportunities in Australia
- Business missions to Singapore and Australia respectively for green economy related conferences or visits
- e.g. Jointly support business delegations around key green economy related conferences such as Singapore International Energy Week, All Energy Australia Exhibition and Conference,and Green Hydrogen APAC. Opportunities to explore sideline events for 1-1 business matching or support the conferences through identifying keynote speakers etc.
Lead agencies will continue to meet at least bi-annually to review the MOU and joint action plan to identify new topics and projects, such as carbon trading and services, that could be included into the action plan.
Lead agencies will report on the activities and outcomes delivered through the MOU to the GEA Action Team.
Enterprise Singapore, Singapore
Australian Trade and Investment Commission (Austrade), Australia
Department of Foreign Affairs and Trade, Australia