Trade Talk, 12 November 2015
Another step closer for the China-Australia Free Trade Agreement (ChAFTA)
ChAFTA has reached a milestone, with implementing legislation passing the Senate. Minister Robb said Australia and China are working to complete their domestic treaty-making processes as soon as possible, noting entry into force before the end of the year would deliver an immediate round of tariff cuts, followed by a second round of cuts on 1 January 2016.
TIM Media Release: ChAFTA legislation passes the Senate
Harvesting opportunities with Japan
Australian businesses exporting vegetables to Japan are benefiting from tariff reductions under the Japan-Australia Economic Partnership Agreement (JAEPA). Austrade's Senior Trade Commissioner in Osaka said JAEPA has made trade with Australia more attractive and our products more competitive.
FTAs opening citrus markets in Asia
Citrus Australia and Voice of Horticulture chair, Tania Chapman, says she always knew exporting was the way forward for the citrus industry. Featuring in the Australian Government's "Open for Business" campaign promoting opportunities under our FTAs with China, Japan and Korea, Ms Chapman says she hopes ChAFTA will boost exports to 40,000 tonnes of citrus into China by 2020.
The Land: Tania the face of FTAs
Exporting to the Middle East: Free eBook for SMEs
Efic has released a new e-book, Exporting to the Middle East, as part of its SME Information Series. This e-book provides helpful guidance which businesses can take advantage of, for operating successfully in the Middle Eastern market.
Casting the net to catch investors
Prospective international investors at the Northern Australia Investment Forum in Darwin were introduced to a proposal to build the world's biggest prawn farm in the Northern Territory. If built, the farm will be capable of producing 100,000 tonnes of black tiger prawns a year for export from Australia.
Australia's tourism numbers continue to rise
According to this Business Insider article and the ABS, Chinese short term visitor arrivals into Australia rose to 974,100 for the 12 months to September 2015, up by 175,000 visitors on the year to September 2014. According to this trend, China is expected to continue to present huge opportunities for Australia's tourism industry.
Business Insider: A landmark day for Australia's vast tourism sector
Did you know…
Australia exported 2.7 million kilograms of fresh or chilled asparagus to Japan (worth almost $16 million) in 2014-15.
Upcoming trade events
North Asia Free Trade Agreements Information Seminars: TAS |WA | VIC
If you are a current or prospective exporter don't miss these free, interactive sessions which explain practical benefits your business could realise from Australia's historic FTAs with our three largest export markets – China, Japan and Korea.
Register: North Asia FTA information seminars
ChAFTA: Understanding preferential tariff – DIPB treatment information sessions
Next week, the Department of Immigration and Border Protection will be hosting information sessions on understanding and accessing preferential tariff treatment under the China-Australia FTA. The sessions, aimed at customs brokers but open to everyone, will be held in Brisbane, Sydney, Melbourne, Adelaide and then Perth in November. Register to attend now.
Register: Free Trade Agreements: China
Free Trade Agreement Training Provider Grants
Free Trade Agreement Training Provider Grants are now open for applications. Visit the Austrade website for more information.
Austrade: FTA Training Provider Grant
Tourism Australia Industry Briefings: SA | NSW
Tourism Australia is holding its annual series of free industry briefings on latest market insights, business events activity and partnership opportunities. Briefings are currently scheduled for Hobart, Adelaide and Sydney in November 2015, with more to be announced.
Register: Industry Briefings and Webinars
OzUke 2015: Inaugural Ukraine-Australia bilateral relations forum
Discover the market opportunities available in Ukraine with OzUke, a bilateral investment conference series to be held in Melbourne on 25 & 26 November 2015. The event seeks to advance relations between Australian and Ukrainian businesses. Register online.
Inaugural Australia-US Business week
Minister Robb will lead an Australian business delegation for a series of high level trade, investment and tourism events in the US in 2016. The inaugural Australia-US Business week is a major initiative to increase Australia's business links with the world's largest economy. Businesses can register interest online.
Trade Articles sourced from non-Australian Government sources do not necessarily reflect the views of the Australian Government.