Trade Talk 3 August 2017

Award-winning FTA Portal expanded

The FTA Portal provides free and accurate information on tariffs, helping Australian businesses identify opportunities in specific markets. The portal now includes information on using FTAs to trade with China, Japan, South Korea, Malaysia, New Zealand, Singapore, Thailand, the United States, Chile, Indonesia, Vietnam, Philippines, Brunei, Cambodia, Myanmar and Laos.

Media release

Japanese Investment in Australia

Minister for Trade, Tourism and Investment Steven Ciobo launched Japanese Investment in Australia: A Trusted Partnership, which shows how one of Australia's oldest economic partners is building on established ties to support the next wave of innovation and growth. The report recognises and celebrates the significant role of Japanese investment in Australia's economy. Importantly, it also looks to the future and to new areas of investment cooperation emerging with Japan.

Media release

Confidence among Aussie exporters grows

The latest Efic’s Exporter Sentiment Index, which was released by the Minister for Trade, Tourism and Investment Steven Ciobo, shows confidence about international opportunities has grown among Australia’s small business exporters. All key indicators have lifted significantly since the last survey in February 2017.

Media release

Horticulture trade push – a taste of what’s to come

Australia's horticulture industry is embarking on the biggest trade drive in its history, with a plan to significantly grow exports by 2025 across a number of commodities.  Assistant Minister for Agriculture and Water Resources Anne Ruston today launched the trade push, coordinated by Hort Innovation, complete with the new 'Taste Australia' brand, increased trade shows and funding for research and development and getting farmers ready to export.

Media release

Australia's top 15 two-way trading partners for 2016

The Department of Foreign Affairs & Trade’s Composition of Trade report for 2016 includes a useful summary of Australia’s top two-way trading partners. Composition of Trade concentrates on the major trends in Australia’s trade statistics, looking at trends in goods and services (on a balance of payments basis) and merchandise trade (on a recorded trade basis).

Report

Record spending

Australian and international tourists are spending record amounts across the country, now topping more than $120 billion a year.

Podcast

Australia and Indonesia move forward with free trade deal

Negotiators are meeting in Canberra this week for the next round of talks on the Indonesia-Australia Comprehensive Economic Partnership Agreement, a free trade deal. The relationship has untapped potential.

Article

IA-CEPA: Increasing Indonesia-Australia Business Opportunities

The Indonesian National Standards Body, Badan Standardisasi Nasional and Standards Australia have embarked on an initiative to support the Indonesia-Australia Comprehensive Economic Partnership Agreement, currently being negotiated between the Governments of Indonesia and Australia. The project aims to identify standards harmonisation opportunities and to promote greater understanding of the role that standards play in underpinning trade between the two countries. 

Standards Australia media release

Call for submissions for ChAFTA reviews

DFAT is calling for submissions for the reviews of the services and investment chapters of the China-Australia Free Trade Agreement, as well as the review of the associated Investment Facilitation Arrangement Memorandum of Understanding. Submissions can focus on one or all of these reviews. Especially helpful would be information on specific barriers to investment and services trade faced by business in China, and priorities for any possible future negotiations. To assist preparations, submissions would be appreciated by 1 September, 2017 to chinaFTA@dfat.gov.au

DFAT submissions

Did You Know?

Australia imported more than 16m pairs of thongs last year. Something to ponder as the temperature plunges in our nation’s capital.

Upcoming Trade Events

Negotiating business in China

Dandenong, VIC, 15 August 2017

Understanding cultural differences can provide telling insights and help to facilitate conversations and negotiations. While confusion can often lead to amusing misunderstandings it can also make a serious impact on business relationships. The aim of this workshop is to help you understand the cultural differences in business in order to develop successful relationships in China. 

Register

Selling your goods to China

Melbourne, VIC, 31 August 2017

This Victorian Chamber of Commerce and Industry workshop will take you through the key trends and opportunities in China and give you the information you need to export under the China-Australia Free Trade Agreement (ChAFTA). Learn step-by-step how you can take advantage of preferential tariff treatment.

Register

Free trade agreement information seminars

Warrnambool, VIC 21 August 2017
Bundoora VIC, 22 August 2017
Davenport, TAS, 23 August 2017

Find out how you can take advantage of the North Asia Free Trade Agreements with China-Australia (ChAFTA), Japan-Australia (JAEPA) and Korea-Australia (KAFTA). These interactive sessions will give you an opportunity to hear directly on the practical benefits that you may be able to realise from the Free Trade Agreements. Speakers include: The Hon Keith Pitt MP, Assistant Minister for Trade, Tourism and Investment; Michael Dean, Director, Department of Foreign Affairs and Trade; Sally Phillips, Manager, Free Trade Agreements Program, Austrade and more.

Register

Visit the DFAT trade website for more on Australian trade, including FTA updates, the latest trade statistics and Trade Talk and business envoy.

Trade Articles obtained from non-Australian Government sources do not necessarily reflect the views of the Australian Government.


Last Updated: 4 August 2017