Trade Talk, 15 June 2018
Trade Minister at National Press Club
"Today, Australian businesses enjoy inputs with among the lowest tariffs anywhere in the world," Minister for Trade, Tourism and Investment Steven Ciobo said during an address to the National Press Club last week. Contrasting free trade with protectionism, the Minister said free trade enables businesses to make decisions based on commercial realities and changes happening around the world. This matters, he said, because our future prosperity will depend on how responsive we are to these changes.
A new nation brand for Australia
The Nation Brand Advisory Council is developing a new brand that will reinforce Australia's reputation as a trusted exporter of premium quality goods and services, an internationally competitive investment destination, a great place to visit and a quality provider of education. The Council held its first meeting last week and a formal stakeholder engagement program will start this month.
Tapping global growth in online sales
Minister Ciobo has launched a new report from Austrade titled 'Online Exporting: A Guide for Australian Business'. The guide covers a range of topics including the online sales cycle, selling overseas from your own website and understanding business models.
Nominations open for 56th Australian Export Awards
Minister Ciobo has encouraged Australian exporters to enter the 2018 Export Awards. The 13 award categories include digital technologies, e-commerce, health and biotechnology, regional exporting, small business and emerging exporters.
Keynote speech at Business Leaders event
Foreign Minister Julie Bishop outlined how the Foreign Policy White Paper would guide Australia's international engagement and activities in a speech to the Victorian Chamber of Commerce and Industry last week. A key pillar of Australia's engagement is to strengthen, promote, adhere to and defend the successful rules-based order put in place after the Second World War. Since that time, the world has avoided a third global conflict and millions of people have been lifted out of poverty.
Boosting Aussie defence exports
The Australian Defence Export Office and Austrade have taken the first steps towards delivering enhanced export support for Australian defence businesses with the signing a Memorandum of Understanding to engage dedicated local industry experts in key export markets. Austrade and the Defence Export Office will work together to support targeted multi-year campaigns.
Australian filmmakers explore opportunities in China
Leaders from state government film and television agencies and senior representatives from Australia's film production industry, including visual effects, post-production and sound production are visiting China this week visit to discuss opportunities for joint projects. The mission aims to generate sales for Australian filmmakers, identify leads for potential TV and film projects to bring to Australia and influence the development of early stage projects through partnerships and co-productions.
Supplying India's growing food and grocery retail sector
Austrade explores the opportunities for Australian food and grocery producers presented by India's rapidly growing middle class in this Insight blog. Businesses are invited to receive a 'Quick Market Assessment' from Austrade.
Ambassador and Permanent Representative of Australia to the OECD
The Foreign Minister and Treasurer announced last week that Philip Gaetjens, current Chief of Staff to the Treasurer, would be Australia's next Ambassador to the OECD. Australia benefits significantly from participation in the OECD's work in areas including economic policy, tax, trade, investment, agriculture and energy.
International Trade in Goods and Services, April 2018
According to Australian Bureau of Statistics data released last week, Australia recorded a seasonally adjusted trade surplus of $977 million in April, a decrease of $754 million on the surplus in March. Manufactures exports rose $108 million (nearly 3 per cent) and exports of services rose by $78 million (1 per cent).
WTO: 'Trade has important role in protecting the planet'
An open and transparent trading system aligned with sound environmental policies can help enhance the protection and well-being of the planet, WTO Director-General Roberto AzevÃªdo said on World Environment Day last week. International trade policy has long been a vital part of the global environmental effort with linkages discussed as early as at the Stockholm Conference of 1972.
Did You Know?
Australia is estimated to have the world's 13th highest GDP and 11th highest GDP per capita (in US dollar terms, 2017: IMF)
Upcoming Trade Events
Getting the Documentation Right
Perth, WA, 20 June 2018
This one-day Export Council of Australia course aims to help companies understand export documentation requirements. This event is also taking place in other states.
ASEAN's Regional Role
Melbourne, VIC, 21 June 2018
Australia's Ambassador to ASEAN, Ms Jane Duke, will share her insights into the ASEAN-Australia Special Summit at this Australian Institute of International Affairs event.
Implications for Australian companies doing business in Iran after the USA's withdrawal from the Joint Comprehensive Plan of Action
Webinar, 28 June 2018
This free event is for Australian companies doing business with Iran or those that are considering opportunities in Iran, as well as in-house lawyers and international business advisors. Expert speakers will be drawn from Austrade and the private sector.
JCU Asian Market Forum 2018
Townsville, QLD, 13 July 2018
This year's JCU Asian Market Forum will focus on China. Speakers will address opportunities and challenges in China's future economic expansion and future trade ties.