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Trade Talk, 27 February 2015

Trans-Pacific Partnership negotiations on the cusp of conclusion

Negotiations for the world's largest regional trade deal, the Trans-Pacific Partnership
Agreement (TPP), are on the cusp of conclusion. Trade Minister Robb notes the TPP
will provide unprecedented market access for Australia's goods, services and investment
across the Asia-Pacific.

TIM Op-Ed:

New deal on Pacific Trade on the brink of reality

Melbourne student wins scholarship for Women in International Business

Ms Fei Lei has won the 2015 Beryl Wilson Scholarship. The scholarship honors
Beryl Wilson, who, in 1963, was the first woman to be appointed as an Australian
Trade Commissioner. Ms Li will receive a package valued at up to $40,000 to help
her complete her Masters of International Business degree.

TIM Media Release:
Infrastructure key focus of Robb business mission to New Zealand

Infrastructure key focus of business mission to New Zealand

Minister Robb is leading a business delegation to New Zealand to explore economic
opportunities in areas such as infrastructure. "The delegation will visit Auckland
and Christchurch to explore partnerships with NZ firms, particularly in the ongoing
Christchurch earthquake reconstruction program," said Minister Robb

TIM Media Release:

2015 Beryl Wilson Scholarship winner announced

Public Consultations on services - Sydney, Brisbane and Melbourne

DFAT will host public consultations on the services component of four agreements
under negotiation. The consultations will be take place in Sydney on 11 March, Brisbane
on 12 March and Melbourne on 17 March. If you wish to participate, please RSVP by
10 March to services.negotiations@dfat.gov.au

DFAT Website:

Trade in Services Agreement Consultations

South Australia's trade growth ahead of the pack

A new DFAT publication shows South Australia's rate of trade growth was the highest
among Australian States. The report, Australia's Trade by State and Territory, shows
SA's export volumes increased by 9.3% in 2013-14, ahead of WA at 7.4% and Queensland
up 4.7%.

DFAT Publication:

Australia's Trade by State and Territory

How to lift 160 million people out of poverty

More free trade could make the world up to $500 trillion better off and lift
160 million people out of extreme poverty according to the World Economic Forum.
In the last 50 years, countries as diverse as Korea, Chile and India have seen trade
liberalisation significantly boost their economic growth rates.

World Economic Forum:

How to lift 160 million people out of poverty

French renewable energy firm makes Canberra its Asia-Pacific wind farm
HQ

French company Neoen will make the ACT its headquarters for its Asia-Pacific
wind development activities. This follows its success in the ACT Government's first
wind energy reverse auction. Neoen will also invest in a Renewable Energy Skills
Centre of Excellence, to be set up at the Canberra Institute of Technology.

Austrade News:

Neoen makes Canberra its Asia-Pacific wind farm headquarters

China and Korea inch closer to trade agreements

China and Korea are on track finalise their FTA in the first half of this year.
Under the Korea-China FTA, South Korea and China will eliminate import tariffs on
79% and 71% of goods from the other's country within 10 years on entry into force;
and on 92% and 91%, respectively, within 20 years.

Yonhap News Agency:

Korea, China initial bilateral free trade pact

Did you know?

The 12 Trans-Pacific Partnership members represent 25% of world trade and almost
40% of the world economy.

Last Updated: 27 February 2015
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