Implementing economic diplomacy

The government’s economic diplomacy agenda raises the prominence of Australia’s economic interests in our international engagement. It focuses on the building blocks of prosperity: trade, growth, investment and business.



Former Secretary Varghese on economic diplomacy

The Department of Foreign Affairs and Trade is leading implementation of this agenda, working with portfolio partners:

The economic diplomacy agenda builds on the portfolio’s long-standing work liberalising trade, supporting global growth, promoting investment and advancing the interests of Australian business overseas. It leverages our strong international networks, our global diplomatic assets, and our highly trained staff.

Steven Ciobo speaking at a podium
Minister for Trade, Tourism and Investment Steven Ciobo speaking at Australia Week in China, 14 April 2016


Trade

Pursue trade liberalisation through bilateral, regional and global trade agreements that open up new markets for Australian exporters and sustain a strong, rules-based architecture for global trade.

Trade and investment

Growth

Support global growth, including by using Australia's aid program and other measures to promote economic reform and infrastructure, and through regional and global economic cooperation forums.

Australia's aid program

Investment

Promote investment into Australia and Australian investment internationally.

Investment

Business

Advance the interests of Australian business overseas, the development of a stronger private sector in our region, and promote Australian tourism.

Business@DFAT