by Deviana Dewi, Senior Program Manager, Poverty and Social Development at the Australian Embassy, Indonesia November marks my first anniversary working at DFAT – an opportunity to reflect on the work that I have done here. As an Indonesian national working for the Australian Government on multilateral development programs with the World Bank, […]
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.
Aid for trade accounts for about 40 per cent of all aid funding to Asia and the Pacific and is integral to the region’s economic development. Aid for trade can benefit socially vulnerable groups, including women. Internet access can be transformative in providing opportunities for small firms, often owned by women, to tap into previously inaccessible markets.
If my four years in Singapore, on top of more than three decades in the wider Australian foreign service, has convinced me of one thing, it is this: that the rise of the economies of Asia is the dynamic of our time. Australia stands to secure great benefit from these dynamics – if we play it right.