Foreign Investment to help create level playing field for Global Trade
Australia is to help to create prosperity through socioeconomic development by supporting developing countries to better capitalise on global trade says the Export Council of Australia (ECA). Today’s announcement of Australia contributing $6 million to support developing countries will not only help reduce poverty and build resilience but will also greatly assist Australian companies by providing more opportunities for global trade.
Research is vital in understanding Australia’s International Business Activity
One of Australia’s most comprehensive investigations into Australian international business practice enters its third year. The results from the survey will ultimately provide fundamental support for advancing Australia’s trade agenda says the Export Council of Australia (ECA). The Australian International Business Survey (AIBS), initiated by the Export Council of Australia and partners Austrade, Efic, and the University of Sydney, was established in 2014 due to a lack of research on international trade activity in Australia.
The voice for exporting releases Trade Policy Recommendations- calling for government to do more
Increasing trade and investment is absolutely crucial to unlocking Australia’s future economic growth and our Government must do more to facilitate and promote trade as Australia continues to lag behind its international competitors says the Export Council of Australia (ECA). The Export Council of Australia today released its second annual Trade Policy Recommendations (TPR) to Government. The ECA hopes the 2014/15 TPR will help emphasise the need for a stronger, more competitive economy that enables growth, for which trade and investment are crucial.
The Export Council to launch ‘Export to Indonesia’ project
Australia’s export community is set to benefit as a new export capability development project gains funding through the Asian Business Engagement Plan. Targeted at businesses with a strong interest in exporting to Indonesia, the project will take businesses through a step-by-step program designed to equip them with the skills and knowledge they need to succeed in the market, says the Export Council of Australia.
Education on cultural barriers is vital for India FTA
A Free Trade Agreement (FTA) between Australia and India will be another feather in the cap for the Australian Government - building on the recently secured trifecta of trade agreements with Korea, Japan and China. However, with more than (80 per cent) of exporters regarding India as “more to much more difficult” to do business with than Australia – education and ongoing government support is an absolute must for exporters that want to succeed in this market says the Export Council of Australia.
Aggressive trade agenda gains strong support
Joining the World Trade Organisation Agreement (WTO) on Government Procurement (GPA) is a real triumph for Australian exporters as it provides guaranteed access to 43 WTO member’s government procurement markets, estimated to be worth more than US$1.7 trillion says the Export Council of Australia. And the timing is right as GPA coverage is expected to expand significantly with countries including China, whose total government procurement market is estimated to be worth $1.5 trillion, expected to join in the near future.
Japan FTA: big tick for exporters but work still needs to be done
Domestic barriers must be addressed to ensure Australian producers can take full advantage of the Free Trade Agreement between Australia and Japan says the Export Council of Australia.The conclusion of the Japan FTA represents a significant milestone in trade liberalisation and a major opportunity for bilateral trade. This is a very important and strategic moment in Australian trade as Japan has been a major trading partner for a considerable time, only recently eclipsed by China.
Export Market Development Grant Review in Good Hands
Minister for Trade and Investment Andrew Robb’s announcement to appoint former CEO of Zip Industries Mr Michael Lee to undertake the Export Market Development Grants (EMDG) scheme is welcome news, says the Export Council of Australia (ECA). The ECA fully supports continuation of the EDMG assistance program, and the announcement in March to boost funding by $50 million, over the next 4 years, to help small and medium sized businesses reach their export potential.
China deal closes off the promised trifecta
Australian exporters are set to benefit from an historic trade agreement signed today between Australia and its largest trading partner, China. The deal, which took a decade of negotiation, represents a victory for bi-lateral trade and an expansion of the economic relationship beyond minerals and resources says the Export Council of Australia.
New trade advisory board to help top export target market
The Export Council of Australia (ECA) would like to congratulate The American Chamber of Commerce (AmCham) on the recent appointment of their Trade Advisory Board. This announcement secures AmCham’s commitment to International Trade and plans to deliver a robust support mechanism for Australian exporters through regular meetings, events, and briefings on good investment decisions between the United States and Australia.
Budget cuts may stunt Australia's growth opportunities
International trade is a key driver for Australia’s future economic growth and must be supported by Government if we want to take full advantage of the recently negotiated trade agreements. Our competitors are ramping up to take advantage of global opportunities and this could be of great detriment to our future growth says Export Council of Australia.
Export Council of Australia launches Mexico: Gateway to the Americas report
Listed as the most interconnected economy in Latin America and boasting a network of 13 FTAs, covering 45 countries, the Export Council of Australia (ECA) is urging exporters to explore opportunities available in Mexico. The ECA, with partners the International Trade Development Fund and Austrade, is proud to launch the Mexico: Gateway to the Americas report, a comprehensive report focusing on opportunities for Australian companies to enter this dynamic market.
Domestic barriers to trade jeopardise gains from Free Trade Agreements
There is no doubt that Free Trade Agreements (FTAs) are good news for Australian business but unless we address domestic barriers to trade and build capability and capacity these opportunities are likely to be lost to international counterparts. It’s time for Australia to look beyond FTAs and approach trade policy from a broader, whole-of-government perspective says the Export Council of Australia (ECA).
Trans-Pacific Partnership Agreement Progressed in New Zealand
Increasing Trade Development is Vital to Australia’s Economic Prosperity
The Export Council of Australia (ECA) has released a compelling report that highlights the trade promotion activities offered by 10 of Australia's key export competitors including the United States, United Kingdom, New Zealand, and Singapore in a bid to encourage government to take a long-term, strategic approach to developing Australia’s International Trade.
Leandra Coffey, Director, Fruity Sacks
Member of the ECA
“Our business is about making it easy for people to make environmentally friendly choices. We are looking to expand into new overseas markets and the ECA have been a huge help in this endeavour. The ECA have given us introductions to key businesses that can help us in the markets we are looking at, and their workshops and seminars on topics relevant to exporting were extremely useful. All up, our association with the ECA has been a great asset to Fruity Sacks.”Become a Member
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