Trade Talk e-newsletter

Trade Talk brings you a selection of the latest trade news from Australia and the world.

27 February 2015

Trans-Pacific Partnership negotiations on the cusp of conclusion

Negotiations for the world’s largest regional trade deal, the Trans-Pacific Partnership Agreement (TPP), are on the cusp of conclusion. Trade Minister Robb notes the TPP will provide unprecedented market access for Australia’s goods, services and investment across the Asia-Pacific. 

TIM Op-Ed: New deal on Pacific Trade on the brink of reality

Melbourne student wins scholarship for Women in International Business

Ms Fei Lei has won the 2015 Beryl Wilson Scholarship. The scholarship honors Beryl Wilson, who, in 1963, was the first woman to be appointed as an Australian Trade Commissioner. Ms Li will receive a package valued at up to $40,000 to help her complete her Masters of International Business degree.

TIM Media Release: 2015 Beryl Wilson Scholarship winner announced

Infrastructure key focus of business mission to New Zealand

Minister Robb is leading a business delegation to New Zealand to explore economic opportunities in areas such as infrastructure. “The delegation will visit Auckland and Christchurch to explore partnerships with NZ firms, particularly in the ongoing Christchurch earthquake reconstruction program,” said Minister Robb

TIM Media Release: Infrastructure key focus of Robb business mission to New Zealand

Public Consultations on services - Sydney, Brisbane and Melbourne

DFAT will host public consultations on the services component of four agreements under negotiation. The consultations will be take place in Sydney on 11 March, Brisbane on 12 March and Melbourne on 17 March. If you wish to participate, please RSVP by 10 March to services.negotiations@dfat.gov.au

DFAT Website: Trade in Services Agreement Consultations

South Australia’s trade growth ahead of the pack

A new DFAT publication shows South Australia’s rate of trade growth was the highest among Australian States. The report, Australia’s Trade by State and Territory, shows SA’s export volumes increased by 9.3% in 2013-14, ahead of WA at 7.4% and Queensland up 4.7%.

DFAT Publication: Australia's Trade by State and Territory

How to lift 160 million people out of poverty

More free trade could make the world up to $500 trillion better off and lift 160 million people out of extreme poverty according to the World Economic Forum. In the last 50 years, countries as diverse as Korea, Chile and India have seen trade liberalisation significantly boost their economic growth rates.

World Economic Forum: How to lift 160 million people out of poverty

French renewable energy firm makes Canberra its Asia-Pacific wind farm HQ

French company Neoen will make the ACT its headquarters for its Asia-Pacific wind development activities. This follows its success in the ACT Government’s first wind energy reverse auction. Neoen will also invest in a Renewable Energy Skills Centre of Excellence, to be set up at the Canberra Institute of Technology.

Austrade News: Neoen makes Canberra its Asia-Pacific wind farm headquarters

China and Korea inch closer to trade agreements

China and Korea are on track finalise their FTA in the first half of this year. Under the Korea-China FTA, South Korea and China will eliminate import tariffs on 79% and 71% of goods from the other’s country within 10 years on entry into force; and on 92% and 91%, respectively, within 20 years.

Yonhap News Agency: Korea, China initial bilateral free trade pact

Did you know?

The 12 Trans-Pacific Partnership members represent 25% of world trade and almost 40% of the world economy.



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