Australia Brazil Free Trade Agreement

The Australian Trade and Investment Commission – Austrade – contributes to Australia`s economic prosperity by helping Australian businesses, educational institutions, tourism operators, governments and citizens: Austrade helps businesses around the world identify and exploit investment opportunities in Australia and source Australian goods and services. The aid includes a comprehensive overview of political, economic, bilateral and regional trade agreements. Increased trade is creating more Australian jobs and providing more opportunities for Australian businesses. Learn how to take advantage of free trade agreements. Read more… The December 2016 edition of the Australian Government`s Business Envoy is devoted to Latin America. In the presentation of this edition, Australia`s Minister of Trade, Tourism and Investment, The Hon Steven Ciobo MP, noted that Australia is “transferring our economy after the mining boom to an economy based on innovation, diversification and engagement in international markets. The renewal and expansion of our relations with Latin American countries is part of this plan. I would like to encourage Australian industry to explore opportunities in this dynamic region… ». The Latin American edition of the Head of Economic Affairs is available at Austrade provides information, advice and a number of business services to help Australian businesses be aversion to time and costs and risk.

For more information, visit Austrade here There is no better partner for trade, investment and cooperation than Australia. For more information, see the 2016 benchmark report. Given that the two major economies are in the tropics, Australia and Brazil, they face common challenges and opportunities. Australia and Brazil continue to develop a partnership for global leadership in tropical products and services such as agriculture, health and infrastructure, which provides both countries with trade, investment and education opportunities. Two chambers of commerce and two business councils encourage and support trade between Brazil and Australia: Brazil manufactures cars, trucks, airplanes, ships, satellites, offshore oil rigs, white goods, fashion products, cosmetics and consumer electronics. It has a large and internationally competitive agricultural sector, huge oil and gas reserves, huge mineral resources and a demanding financial services sector. It is also one of the most popular tourist destinations in the world. The sheer size of brazil`s economy offers many business opportunities to Australian suppliers, particularly in market niches, which depend on innovation, research, educational skills and services. Brazil is currently the largest source of international students in Australia outside Asia and the fifth largest in the world.

There are more than 110 active agreements between Australian educational institutions and Brazilian governments and institutions. [3] Under the direct assistance program, the Australian government is providing financial support to a number of projects in Brazil. In 2017/18, the Direct Assistance Programme supported projects in the following priority areas: economic strengthening, minority and gender issues, sport, arts and culture for development. [3] Brazil is Australia`s 29th largest trading partner, with a total of 0.4% (AUD 3.4 billion) of Australia`s trade portfolio in 2017. Exports of AUD 2.5 billion to Brazil were mainly coal, crude oil, aluminum and education.

This entry was posted in Uncategorized by admin. Bookmark the permalink.

Comments are closed.