Trade Talk 7 March 2014
Trade Articles sourced from non-Australian Government sources do not necessarily reflect the views of the Australian Government.
7 March 2014
Trade and Investment Minister to lead trade mission to China in April
Andrew Robb will lead one of Australia's biggest ever trade missions to China in April. The Minister will lead a delegation of up to 600 business people as part of Australia Week in China. This mission will form part of PM Tony Abbott's broader North Asia visit.
TIM Media Release: China-Australia Business Week
Andrew Robb attends Trans-Pacific Partnership Agreement Meeting in Singapore
The Minister for Trade has completed a four-day Ministerial meeting in Singapore to progress a range of issues for the TPP negotiations. Ministers narrowed down some of the issues identified at their last meeting and will undertake consultations on outstanding issues which will be incorporated in a final deal.
TPP Press Conference Transcript: Press conference, Trans Pacific Partnership ministerial talks
5th round of the Trade in Services Agreement (TiSA) negotiations in Geneva
The fifth round of negotiations of TiSA concluded in Geneva on 24 February. The round marked the commencement of market access negotiations. 21 of the 23 TiSA parties tabled their initial market access offers. Australia will chair the next round in April.
DFAT News: Fifth Round (17-24 February 2014)
Australia's services trade increases 4.2% in 2012-13
DFAT's newly released 'Trade in Services, Australia 2012-13' publication shows Australia's trade in services increased 4.2% to $116.4 billion in 2012-13. Services exports rose 3.7% to $52.4 billion, while services imports rose 4.5% to $64.0 billion. Australia's top services export markets were China, the US and the UK.
DFAT Publication: Trade in services increase in 2012-13
50m boost to help small businesses export
The Government has introduced legislation to boost the Export Market Development Grants scheme by $50 million to help small and medium sized businesses reach their export potential. The legislation will also make the program more accessible to businesses by enhancing their eligibility requirements.
TIM Media Release: $50m boost to help small businesses export
German healthcare company to build $47m facility in Melbourne
Fresenius Kabi, a German healthcare company will build a $47 million state-of-the-art pharmaceutical manufacturing facility in Melbourne, creating 120 highly-skilled jobs. The facility will produce innovative infusion therapies, irrigation solutions, intravenous generic drugs and compounded oncology products.
TIM Media Release: Health care manufacturing win for Melbourne
Did you know?
Education was the largest Australian services export to China in 2012 and the fourth largest export overall, valued at $4 billion. In 2012, almost 119,000 Chinese students were studying in Australia.