Trade Talk, 22 June 2017
Tourism spend breaks records Australia-wide
The latest National Visitor Survey shows Australian tourists spent a record $61.7bn for the year ending March 2017, an increase of $3.7bn, Minister Ciobo announced yesterday. International tourist spending also increased over the same period – up 5% to $39.8bn, reaching a new total spending record of $101.6bn.
PACER Plus signed
The Pacific Agreement on Closer Economic Relations (PACER) Plus has been signed by Australia, New Zealand and eight Pacific island countries – Cook Islands, Kiribati, Nauru, Niue, Samoa, Solomon Islands, Tonga, and Tuvalu. PACER Plus is unique in that it is both a trade and a development agreement. "PACER Plus will provide an important avenue to achieve Australia's objective to foster a secure, stable and prosperous region," Minister Ciobo said.
Australia Business Week in India
Minister Ciobo will lead a delegation of businesses to Australia Business Week in India 2017. Registrations enabling participation in the delegation are now open.
North Queensland enthrals Parisians
France is experiencing the first phase of Tourism Australia's international campaign following Cyclone Debbie with 500 Parisian billboards now showcasing the best of the Whitsundays and the Great Barrier Reef.
Services reform could boost global economy
Better services trade policy can stimulate inclusive economic growth by promoting access to the information, skills, technology, funding and markets needed for success, a new OECD report 'Services Trade Policies and the Global Economy' says.
Did You Know?
PACER Plus is the first trade agreement for the Pacific island countries to include commitments on services and investment.
Upcoming Trade Events
NT Business and industry stakeholder update
Various locations, NT, 27-29 June; 5 July
The Northern Territory Department of Trade, Business and Innovation's stakeholder updates will outline key initiatives, policies and programs the department will be delivering in 2017-18. TradeNT and InvestNT officers will also be in attendance to discuss how to start exporting, expand exports and/or become investor ready.
Free Trade Agreements Information Seminar
Merimbula, NSW, 28 June
Don't miss this free interactive session to find out how you can take advantage of Australia's FTAs with China, Japan and Korea, with a keynote address by Assistant Minister for Trade, Tourism and Investment Keith Pitt. Trade experts and specialists from Austrade and DFAT will be on hand to answer your questions.
Essentials for Exporting Success in ASEAN
Dunsborough, WA, 28 June
Service providers and experts on the ASEAN market will be on hand to provide advice and solutions for exporters at this free ECA event. Exporters also wishing to discuss the Western Australian Industry and Export Awards and its application process can book a time with an ECA representative.
2017 Korea-Queensland Business Forum
Brisbane, QLD, 29 June
Speakers at this event will outline new and emerging business opportunities in the Korea-Queensland corridor and how best to capitalise on them.
Food and Agribusinesses: Are you ready to export?
Dulwich, SA, 5 July
FIAL and the South Australian Department of Industry, Innovation and Science present this half day workshop designed to teach Food and Agribusinesses the fundamentals of exporting into new international markets.