Boosting our economic ties with India

Joint media release with Prime Minister Scott Morrison and Minister for Foreign Affairs Marise Payne  Today the Liberal National Government is pleased to release Australia’s response to the India Economic Strategy; a blueprint to transform our economic engagement.    The Government commissioned Mr Peter Varghese AO to write the report which was released in July…

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Indian sugar subsidies

The Liberal-National Government is standing up for the right of Australia’s sugar industry to a competitive environment by taking action in the World Trade Organization (WTO) regarding India’s use of sugar subsidies. Minister for Trade, Tourism and Investment Simon Birmingham said the use of domestic subsidies by India had contributed to a significant downturn in…

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Visit to Singapore and Papua New Guinea

I will visit Singapore from 12-14 November to attend the Second Regional Comprehensive Economic Partnership (RCEP) Summit with the Prime Minister. RCEP provides an opportunity to further strengthen the regional trade and investment environment and further integrate Australia within the region. RCEP countries account for ten of Australia’s top 15 trading partners and more than 30…

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New deal set to bring more Chinese tourists to Australia

The Liberal-National Government through Tourism Australia and one of world’s largest international airline carriers, China Eastern Airlines, have signed a new Memorandum of Understanding aimed at further growing travel between Australia and China. Minister for Trade, Tourism and Investment Simon Birmingham said aviation partnerships like this one were critical to bringing more travellers to Australia.…

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Australian and Chinese companies pen landmark agreements

Eleven major commercial agreements between Australian and Chinese companies worth almost $15 billion over the next five years have been signed today, reflecting the high level of commitment of the Australian business community to continued engagement within China.  Minister for Trade, Tourism and Investment Simon Birmingham said the commercial deals spanned across a range of…

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Ministerial visit to Shanghai and Hong Kong

I will visit Shanghai and Hong Kong between 4 and 8 November, to lead Australia’s delegation to President Xi Jinping’s inaugural China International Import Expo (CIIE). I will then travel to Hong Kong for meetings with various government and business leaders The inaugural CIIE in Shanghai is a key event for China to promote its…

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Tourist numbers continue to soar

Australia’s tourism industry continues to go from strength-to-strength with a record 8.4 million international travellers flocking to our shores over the last year.   International travellers are also spending record amounts with $42.5 billion injected into the local economy, a 5 per cent spike on the previous year.   Minister for Trade, Tourism and Investment…

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Australia ratifies the TPP-11

Joint release with Prime Minister Scott Morrison  Australia has today ratified the Trans-Pacific Partnership (TPP-11) trade agreement giving our farmers access to more markets, greater opportunities for our businesses, more jobs and increased investment. Australia is the sixth country to ratify the agreement, meaning it can now enter into force on 30 December this year.…

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Australia joins major trade agreement on government procurement

Australia has been accepted to join the World Trade Organization Agreement on Government Procurement (GPA) overnight, ensuring Australian businesses can compete for government contracts in more markets around the world. After three years of negotiations, GPA parties unanimously agreed to Australia’s final offer to accede to the agreement, which will give Australian businesses the opportunity…

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