Global Trade Updates

The Export Council of Australia (ECA) welcomes the government’s announcement to increase funding of the Export Market Development Grant (EMDG) scheme.

The AIBS is one of the largest studies of its kind into Australia’s international business behaviour. Now in its sixth year, AIBS 2019 continues to gauge Australian business’ experiences and perspectives on international markets and continue to assess access to finance for international activities. This year AIBS features additional questions key markets like India, as well as Australian business’ use of innovation in their international market development activities.

Australia and Hong Kong have today signed the Australia-Hong Kong Free Trade Agreement (A‑HKFTA) and associated Investment Agreement, securing more certainty and opportunities for Australian farmers, businesses and investors.

The European Union (EU) has agreed to postpone Brexit until May 22 to give UK Prime Minister Theresa May more time to get her deal approved in Parliament. But unsurprisingly, there are a strings attached.

Coface announces today the following changes in the country leadership in Australia and Singapore. 

Federal Treasurer Josh Frydenberg MP will deliver the Federal Budget in Federal Parliament on Tuesday 2 April 2019. With an earlier than usual budget, the scene is set for the Morrison Government to drive a budgetary agenda in the lead up to the pending Federal Election.  

Join the Export Council of Australia (ECA), with support from the NT Government, for this one-day event that will introduce you to the fundamentals of international business.

Whether you’re looking to expand domestically or explore global markets, knowing what sort of investment or funding suits your needs is crucial. At this Gold Coast workshop you’ll gain an understanding of investment and funding attraction pathways and what investors, banks and governments are looking for to make decisions.

Minister for Trade, Tourism and Investment Simon Birmingham said the Australia’s Trade Through Time website will be a vital tool for students and the Australian public to explore and understand the significant events that have shaped our nation’s trading history.

2018 proved to be a relatively challenging year for China. Growth slowed to 6.6% and is expected to decline further in 2019 (6.2%, according to Coface forecasts). As a result, 59% of the 1500 Chinese companies that participated in Coface’s survey believe the economy will not improve in 2019, the worst since 2003. 

The preparation of export documentation can be confusing, time consuming, costly and prone to human error, and yet correct export documentation is vital for any exporter to transact business in an efficient and cost-effective way.

For the first time, FIAL is pleased to participate in THAIFEX “the biggest Food and Beverage Tradeshow in South-East Asia”. Held in Bangkok from 28th May - 1st June 2019. Thaifex is in its 16th year and is expecting to attract 60,000+ trade visitors from all over the world and with the opportunity to facilitate introductions to 3,000+ hosted buyers.

The Global Trade Accelerator (GTA) Program is a virtual two week program enabling NSW-based exporters and trade professionals to post market research briefs for teams of international university students to address.

WA-based SME businesses are starting to see the benefit of rising reinvestment in resource and energy projects, according to Cameron Hall of the Australian Government’s export credit agency, Efic.

To better understand the corporate credit risk status in Australia, Coface conducts the 8th Survey of Corporate Credit Risk Management in Asia Pacific in 2019. You are cordially invited to participate.

Whether you’re looking to expand domestically or explore global markets, knowing what sort of investment or funding suits your needs is crucial. At this workshop you’ll gain an understanding of investment and funding attraction pathways and what investors, banks and governments are looking for to make decisions.

Aiming to assist small and medium businesses aspiring to export or already exporting, this free workshop will be facilitated by the Export Council of Australia. Take advantage of this amazing opportunity!

IP Australia’s free flagship event is back with a line-up of experts across business, industry and government to assist you in your export journey.

Join Austrade for this free information seminar in Margaret River WA and find out about how you can take advantage of Australia’s Free Trade Agreements with China, Japan, Korea and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Join Austrade for this free information seminar in Geraldton WA and find out about how you can take advantage of Australia’s Free Trade Agreements with China, Japan, Korea and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Australia and Indonesia have today signed the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), starting a new chapter of cooperation and deeper economic management in one of our most important relationships.

Increased policy uncertainty stemming from the ongoing US-China trade stoush, other geopolitical disturbances, and tighter credit conditions at the back end of 2018 are sapping both trade and investment (see chart below).

Australia signed the landmark Free Trade Agreement with China (the ChAFTA) on 17 June 2015. The ChAFTA unlocks significant business potential in China for Australian businesses. This article outlines some practical tips to protect your innovative work when conducting businesses in China.

Find out about how you can take advantage of Australia’s Free Trade Agreements with China, Japan, Korea and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) countries.

Find out about how you can take advantage of Australia’s Free Trade Agreements with China, Japan, Korea and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) countries.

You’ve got a product, it’s new, unique and you want to make sure no one else copies it. Where do you start?

Coface will be sharing its vision of the major trends in the world economy in 2019 with businesses at its annual conference on country and sectoral risks.

In just nine days there will be major changes to the way air cargo exports are screened.From 1 March 2019, all outbound international air cargo, regardless of destination, must:

• be examined—at piece-level—by a Regulated Air Cargo Agent (RACA); or
  
• originate from a Known Consignor. 

Finding new opportunities and partnerships to grow your business is exciting – but also comes with key financial challenges. As an export supply chain business, you may find that delivering on your contracts can put extra strain on your operating costs and cashflow.

Do you an awesome idea? Firstly, SHHHH! Please keep it secret.