Australia’s Minister for Trade, Tourism and Investment to attend APEC Ministerial Meeting

Wednesday, 08/11/2017 11:15
(CPV) - The Australian Embassy Hanoi on November 8th announced that Australia’s Minister for Trade, Tourism and Investment, The Hon Steven Ciobo MP, will visit Vietnam this week for APEC Ministerial Meeting in Da Nang.

He expects to conclude the Peru - Australia Free Trade Agreement, thus creating new opportunities for Australian exporters and send an important message to the world - Australia embraces trade because it underpins our economic success, creates new jobs and drives growth.

Australia’s Minister for Trade, Tourism and Investment, The Hon Steven Ciobo MP (Photo credit by http://trademinister.gov.au)
Accordingly, the Australian Minister is projected to advocate nation's strong commitment to economic openness and encourage further trade liberalization. Australia's longstanding openness to international markets has created thousands of jobs and contributed to our 26 years of continuous economic growth.

Took office on July 19th last year, he also looks forward to meeting Ministers from TPP countries to work on bringing the TPP-11 into force as quickly as possible. Bringing the TPP-11 into force would give Australian businesses improved access to a trade zone with a combined GDP of AUD12.4 trillion. It would also further integrate the Australian economy into the fast-growing Asia-Pacific region.

As planned, Mr Steven Ciobothe will also meet with his counterparts to further the Turnbull Coalition Government's ambitious trade agenda.

Accounting for almost half of global trade and 60% of world GDP, APEC plays an important role in promoting open trade and investment.

So, Australia's participation in APEC strengthens its economic relationships and enhances export opportunities, economic growth and job creation for the Australian economy./.

ATP

RELATED NEWS

Comment
FullName
Email
Contents

/

Confirm