Trade Talk, 26 July 2015
Upcoming trade events
North Asia Free Trade Agreements Seminars: Adelaide 5 August Ç Canberra 12 August
Register to find out how you can take advantage of Australia's North Asia Free Trade Agreements. These interactive sessions will give you information on the practical benefits that your business could realise from Australia's FTAs with China, Japan and Korea.
Trans-Pacific Partnership Agreement (TPP): trade and investment
2014 statistics show that Australian two-way trade in goods and services with 11 TPP countries was $226 billion, or one-third of all Australian two-way trade. The total stock of Australian foreign investment in 11 TPP countries was $868 billion, or 45 per cent of all of Australian foreign investment.
Environmental goods negotiations on track
The eighth round of Environmental Goods Agreement (EGA) negotiations will be held in Geneva 27-31 July. By removing tariffs on a wide range of environmental goods, the EGA will benefit the growing number of Australian firms finding niche export markets in this innovative sector.
China-Australia Free Trade Agreement: myths versus realities
DFAT has released a new document to address some common misconceptions about the China-Australia Free Trade Agreement.
Tourism Australia and Expedia join forces
Tourism Australia and the Expedia group have signed a multi-million dollar three-year marketing partnership to develop campaigns to increase international travel to Australia. The first year of the agreement will focus on the USA and UK, two of Australia's highest volume and highest spending markets.
Coconuts could deliver important social and economic benefits
A method for producing virgin coconut oil from a coconut in under an hour at the village level, developed by an Australian Academic, is potentially transforming the Solomon Islands economy. A virgin coconut oil industry could deliver much needed social and economic benefits for the Solomon Islands.
IMF: World Economic Outlook update
The IMF's July 2015 World Economic Outlook update shows global growth is projected at 3.3% in 2015, driven by a gradual pickup in advanced economies to 2.1% (from 1.8% in 2014) and a slowdown in emerging market and developing economies to 4.2% (from 4.6% in 2014).
WTO and the World Bank: the role of trade in ending poverty
WTO DG AzevÃªdo and World Bank Group President Jim Yong Kim discuss the role of trade in reducing poverty in this video. They note the importance of working together to address the challenges that are preventing poor countries from realising the full benefits of trade and to eliminate poverty.
Did you know?
Did you know that Australia imported $26m worth of desiccated coconuts in 2014.