Trade Talk 20 August 2015

Upcoming trade events

North Asia Free Trade Agreements Seminars: 26 Aug North Lakes | 2 Sep Parramatta

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.

Why ASEAN and Why Now?

On 14 August, Minister Robb launched a joint DFAT-Austrade publication: ‘Why ASEAN and Why Now? Insights for Australian Business’. The publication outlines the trade and investment opportunities ASEAN offers Australian companies. Australia’s two-way trade with ASEAN surpassed $100b in 2014.

Australia-China economic dialogue focuses on investment

The Australia-China Strategic Economic Dialogue was held last week, hosted by Minister Robb and the Treasurer. A key focus was infrastructure investment, as well as plans for an Australia Week Investment Roundtable in China in 2016. Australia-China two-way trade was valued at more than $150b in 2014.

UK company invests in Australian renewable energy sector

Renewable Energy Systems (RES), a subsidiary of a UK-based company, has invested $450m in a wind farm in Ararat, Victoria. It will be one of the largest in Australia, generating enough power for around 230,000 homes per annum. With two years of construction, power will be delivered to the grid from April 2017.

Australia’s export markets: ease of doing business

Austrade’s Chief Economist compares the World Bank Doing Business Rankings with the results of the Australian International Business Survey for an Australian perspective on the challenges involved in cross-border business. Results include a focus on Australia’s top 10 export markets.

New trade rules for a digital world?

This E15Initiative paper looks at the challenges and opportunities of the internet for international trade, and explains the extent to which existing trade rules address digital trade. It suggests a new digital trade agenda, through a combination of a re-emphasis of existing commitments, as well some new rules to address new challenges.

Did you know?

Australia’s ICT exports topped $5b for the first time in 2014, growing by 16.6% on the previous year.

Last Updated: 20 August 2015