This article was originally published in November 2018 and updated in April 2020.  By Michael Dean and Angela Rendall, Free Trade Agreement Outreach Section, DFAT The Free Trade Agreement (FTA) Portal provides easy access to information that helps exporters, importers, customs brokers, freight forwarders and other businesses benefit from Australia’s free trade agreements. Users of […]

For over two hundred years, foreign investment has played a crucial role in delivering higher rates of economic growth, employment and standards of living to Australians, and this will remain the case for the foreseeable future.

The CPTPP (also known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership) is an historic and ambitious agreement. It is a regional free trade agreement with a membership that includes some of our most important trading partners from the dynamic Indo-Pacific region.

Here are five reasons why the CPTPP is a good deal for Australia.

The future of our region is tied to the future of APEC. With APEC’s continued efforts on sustainable, inclusive and innovative growth, and a focus on free and open trade, we hope to see everyone in our region reap the rewards.

The Free Trade Agreement (FTA) Portal provides easy access to information that helps exporters, importers, customs brokers and freight forwarders benefit from Australia’s free trade agreements.

The Papua New Guinea that the world will see during APEC Leaders Week is a country ready to embrace the future and everything it has to offer. A country defined by its people – friendly and warm; hardworking and ambitious; always ready with a helping hand. Australia is proud to continue to work with Papua New Guinea during this important historical event, and beyond.  We know our future together will be as rich and meaningful as our history.

Australia’s support to PNG’s APEC will benefit regional economic integration and commitment to trade in the region. It will also facilitate stronger partnerships for economic growth, security, and relationships between the people of our region.

Trade is not a zero sum game with winners and losers. Trade agreements deliver win-win outcomes for both sides.

Did you know Australia currently has ten Free Trade Agreements (FTAs) with sixteen countries and more FTAs will enter into force in the future? Is Australia pursuing FTAs to the exclusion of other trade liberalising opportunities?  Are these FTAs being used by Australian business? Why is Australia so keen on FTAs?  This article addresses these questions and other matters relating to Australia’s FTA agenda.

he most interesting opportunities we get as DFAT officers are not always found behind a desk in Canberra. Earlier this year I had the opportunity to accompany Simon Newnham, Australia’s APEC Ambassador and First Assistant Secretary of the Investment and Economic Division, on a visit to Tokyo. As part of that visit, Simon addressed a Symposium hosted by Japan’s Research Institute of Economy, Trade and Industry (RIETI) and the Australian National University (ANU).