The Future of Australia's Trade: A Digital Vision for 2025
Leading industry associations the Export Council of Australia (ECA) and the Australian Digital Commerce Association (ADCA), alongside KPMG, have today
released a paper calling for the Australian Government and industry to come together to plan for a digitally-enabled trading future.
Lisa McAuley, CEO of the ECA said “Singapore, Hong Kong and private supply chains are already putting in place digital platforms. If we do not act
now, Australia will miss the first mover advantages and, with it, the opportunity to shape the global system in a way that benefits Australian consumers
and businesses.
“Unlike today, where paper is the foundation for international trade processes, we believe that by 2025 Australia’s international trade value chain
can be both digital and secure. Data will flow between nations, but privacy will be maintained, and commercially sensitive information will be secure.”
Ms McAuley.
Truly digital international trade would increase trade and stimulate the world economy. It would significantly lower costs and trade frictions, simplify
existing processes and enable innovation. It would boost certainty—for consumers, importers and exporters. It would guarantee the quality and
provenance of the goods, as well as the processes, standards and supply chains behind them.
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Dee-Ann Prather, Down Under Enterprises International
NSW Women in Global Business Award winner
Member of the ECA
“90% of our business is export based and we are expanding rapidly throughout Asia. As we move into new countries and regions it is important to understand the country, culture and business norms and ECA has helped us do this through their programs. ECA has also helped us improve our shipping and documentation efficiency, especially with the new GHS requirements. Overall, ECA is a wealth of information and knowledge and have always been very helpful when we have specific issues or questions.”
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