Australia-Canada united on trade
“Just as we have upheld our shared values of liberty and democracy, Australia and Canada, I know, will speak with one voice on the imperative of defending free trade and open markets around the world, because we know this is the road to prosperity,” Prime Minister Malcolm Turnbull said at the Australia-Canada Economic Leadership Forum in Sydney this week. Canada's Minister for International Trade Francois-Philippe Champagne and former Prime Minister Stephen Harper attended the event which underscored the warm and abiding friendship between the two countries.
Minister for Trade, Tourism and Investment Steven Ciobo told AustCham Shanghai this week that the landmark China Australia Free Trade Agreement had taken the China-Australia trading partnership to a new level. For Australia, these outcomes included exports of Australian wine growing 38 per cent to reach $470 million; exports of fresh Australian cherries doubling; and exports of Australian skin care products growing 82 per cent. Behind each of these statistics are great Australian success stories.
China launch of China-Australia Year of Tourism
A tourism industry delegation joined Mr Ciobo on a visit to Beijing and Shanghai for the China-Australia Year of Tourism 2017 this week. The common interest in expanding two-way investment and realising the benefits of the landmark open aviation market air services agreement were key agenda items for meetings scheduled with senior business executives and government representatives during the visit. In a doorstop interview in Beijing Minister Ciobo said more tourists from China will translate into more export growth and more employment opportunities for Australians.
Seminar helps NT businesses maximise FTA benefits
Assistant Minister for Trade, Tourism and Investment Keith Pitt hosted a seminar in Darwin on Tuesday to explain the benefits of Australia’s FTAs with Korea, Japan and China. Minister Pitt encouraged local SMEs to learn about the FTAs which could help them access more than a billion potential new customers. After presenting at the seminar DFAT’s Free Trade Agreement Division Assistant Secretary Michael Growder spoke to NT Country Hour.
First Australian beef cattle sea shipment arrives in China
Australia's live export industry recorded another milestone with the first sea freight shipment of live slaughter cattle arriving on China's shores this week. Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, said the first shipment of 1200 live slaughter cattle was made possible by the China-Australia Free Trade Agreement. Under ChAFTA, from 1 January 2017 the pre-ChAFTA 10 per cent tariff for live cattle exports to China was decreased to just 4 per cent. "That tariff will be completely eliminated on 1 January 2019, further enhancing the attractiveness of Australia's live cattle to Chinese importers," Minister Joyce said.
DAWR: Media Release
Prosperity through free trade
Australian Ambassador to the United States Joe Hockey advocated the benefits of free trade in a speech to the Detroit Economic Club this week. He described Australia’s “inevitable” shift to trade liberalization following a period in our economic infancy of high tariffs and import quotas and noted that Australia is close to achieving the longest continuous period of growth in modern history of any developed nation on Earth.
Australian Embassy: Speech
Now open: Grant rounds to promote international business relations
The Boards of DFAT’s Foundations, Councils and Institutes welcome applications to support Australians deepening their working relationships with international partners in business and trade. Small grants are available to support professional, community and institutional linkages between Australia and its partners on issues of shared interest in business, as well as in innovation and science, women in leadership, education, the arts, media and sport. We are looking for projects with clear goals and committed partners that are closely aligned with individual grant round objectives. Individual grant round guidelines, dates and links to online applications are on council websites, available from www.dfat.gov.au/councils.
Did You Know?
Canada was Australia’s 19th largest trading partner in 2015-16, with trade worth $6.3 billion, or 1 per cent, of Australia’s total trade. Trade has been growing at an average of 3.1 per cent per year over the last five years.
Upcoming Trade Events
Free Trade Agreements Information Seminar
Little Bay, NSW, 3 March
Find out how you can take advantage of Australia's FTAs with China, Japan and Korea at these interactive seminars involving a keynote speech by Assistant Minister for Trade Keith Pitt and sessions run by officials from DFAT, Austrade and other relevant government agencies.
Register – Little Bay
Tourism Australia & VTIC Melbourne Industry Briefing
Melbourne, VIC, 6 March
TA will provide an overview of their latest activities, market insights, business events activity and partnership opportunities relevant to Victoria’s tourism industry in session one on this briefing. Victoria Tourism Industry Council will lead session two covering the 2017 event calendar, updates on the RACV Victorian Tourism Awards, the Victorian Tourism Conference and the Visitor Information Centre Summit.
Indonesia Australia Business Week 2017
Multiple Cities, 6-10 March
The second IABW will be led by Minister for Trade, Tourism and Investment Steven Ciobo. Indonesia is one of the largest consumer markets in our region and with the Indonesia-Australia Comprehensive Economic Partnership Agreement negotiations progressing; IABW will showcase Indonesia’s diverse commercial opportunities in five target sectors: the agrifood supply chain – equipment and technology, financial services and technologies, vocational education and training, water and sustainable urban design, and tourism destination development and promotion. Each sector will offer its own seminars, roundtables, site visits and opportunities to meet and network with Indonesian business, industry and government.
North Asia FTA Training Session for SMEs - Selling goods to China
Dandenong, VIC, 7 March
With the help of a Free Trade Agreement Training Provider Grant, the Victorian Chamber of Commerce and Industry will deliver this workshop covering the key trends and opportunities in China and the information you need to export under the ChAFTA, including how you can take advantage of preferential tariff treatment, understand rules of origin, and a checklist of export documentation requirements and record keeping. A similar event will also be held in Melbourne on 29 March.
Destination Australia 2017
Sydney, NSW, 16 March
This year’s #DestAus17 will bring together top executives from Tourism Australia and leading international companies to focus on the top global megatrends defining travel in 2017; how Tourism Australia is tapping into high-yield international markets to increase the tourism spend; how global political, economic and demographic trends will affect Australian tourism; the latest travel insights from internet search tools, and key factors in growing demand from Asia’s expanding middle class.
Business SA: Understand and Utilise FTAs
Port Lincoln, SA, 22 March
Business SA’s FTA training sessions are developed and delivered by industry experts with extensive exporting experience in China, Japan and Korea and are targeted towards SMEs, export managers, international sales and marketing specialists and logistics and procurement specialists. The sessions will cover the essential elements of FTAs, including tariff classifications and preferential tariff schedules, rules of origin and certificates of origin.