Trade Talk 18 September 2014

Trade TalkAustralian Government, Australia Unlimited

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

Trade and Investment Ministers adopt 'Team Australia' approach

Trade and Investment Minister Andrew Robb hosted a meeting with his state and territory counterparts last week in Cairns. Among several outcomes, ministers agreed to adopt a 'Team Australia' approach in promoting Australia's strengths to the world and in pursuing commercial opportunities.

TIM Media Release: Trade and Investment Ministers adopt 'Team Australia' approach

TPP negotiations progressed in Hanoi

Chief TPP Negotiators and officials from the TPP countries met in Hanoi from 1-10 September 2014 to further progress outstanding issues in the negotiations.

DFAT: Trans-Pacific Partnership Agreement negotiations

Information session on Australia's anti-bribery regime

DFAT is hosting a number of sessions in Brisbane, Sydney, Melbourne and Hobart during September on Australia's anti-bribery regime. The sessions will provide an opportunity for business to discuss how to manage the risk of bribery in international commercial transactions, and receive information on best practice.

Australian GDP growth forecast to be above OECD average in 2014 and 2015

A moderate economic expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area according to a new OECD report. Australia's GDP growth is forecast to be above the OECD average over the next two years, growing 2.6% in 2014 and 2.9% in 2015.

Australia ranked 6th in new Asian 'Creative Productivity Index'

Australia is the 6th most efficient economy in the Asia-Pacific region at turning creative inputs into tangible innovation, according to a new 'Creative Productivity Index' run by ADB and the Economic Intelligence Unit. Japan topped the index, which aims to provide policy makers a tool to assess how best to foster innovation and creativity within their economies.

APEC to create next-generation tourism industry with Macao Declaration

Tourism Ministers from APEC's 21 economies met in Macao, China last week and have adopted a set of measures that ensure the Asia-Pacific travel and leisure industry keeps pace with changing consumer trends and advances in technology. The Asia-Pacific is the world's largest tourism market.

APEC News:  APEC to create next-generation tourism industry with Macao Declaration

WTO Members return to Geneva, hoping to bridge Trade Facilitation Agreement gap

WTO Members have this week resumed discussions on implementation of the Bali Ministerial package, following the Geneva summer break. In a series of meetings Members will discuss how to overcome the impasse on the Trade Facilitation Agreement, after missing a key deadline in July.

ICTSD: WTO Members Return to Geneva, Hoping to Bridge TFA Gap

ADB: Asia uniquely positioned to lead global knowledge economy

Asian countries have a unique opportunity to transform themselves to lead the global knowledge-based economy according to a new report from the Asian Development Bank (ADB). Knowledge economies use ICT and research, among other skills, to create, disseminate, and apply knowledge for growth.

ADB News: Asia Uniquely Positioned to Lead Global Knowledge Economy - ADB

Australians get behind the G20

As the countdown to the G20 Leaders' Summit continues, Brisbane residents are preparing to showcase the best of their city. More than 500 workers and volunteers have completed the 'Brisbane Welcomes the World' programme, in the hope that Brisbane will be remembered as the friendly G20 host city.

Did you know?

Arrivals from APEC member economies accounted for 69% of total visitor arrivals to Australia in 2013. 

Trade articles sourced from non-Australian Government sources do not necessarily reflect the views of the Australian Government.

Last Updated: 18 September 2014