Trade in Services Agreement—2014 Submission to DFAT
Submission Overview
Trade is a key driver of jobs, innovation and long term prosperity for Australia; it accounts for one in five jobs and exports account for 20% of Australia’s GDP. The services sector is crucial to the Australian economy accounting for 4 out of 5 Australian jobs and constituting roughly 17 per cent of Australia’s total exports.The international trade environment is rapidly evolving and services exports are growing in volume and value without being covered by adequate trade in services rules, which, for trade in goods, have been established and refined over the past 60-years. Advances in the global agenda for services have previously been stalled by delays in the WTO Doha Round so that specific improvements have been limited to those contained in regional and bilateral Free Trade Agreements. However, given the importance of services, there is a pressing need for TiSA to develop high standards for global trade in services, to allow for more significant and substantive gains to be made.
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Nuix is the 2015 Premier's NSW Exporter of the Year. As a technology company that protects, informs and empowers society. Nuix has more than 1,500 customers in over 60 countries, including all major global regulatory agencies, leading security and law enforcement agencies, all tier one advisory and litigation support vendors, and many of the world's leading financial institutions, corporations and government departments.