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.
The TPP-11 (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 TPP-11 is a good deal for Australia.
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).
The increase in the world’s connectivity has paved the way for an explosion in illegal trade in exotic pets. Billions of people across the world are now connected through various forms of social media. People can share pictures of themselves with a weird-looking lizard, or an adorable sugar-glider, and the desire for these pets can go viral.