PBEC Trade Report

PBEC Trade Report May 2023 – Part II

May 19, 2023
PBEC Trade Report May 2023 - Part II AUSTRALIAN MINISTER JETS TO CHINA: Trade Minister Farrell has jetted to Beijing for his long-awaited meeting with Commerce Minister Wang. They met on Friday where Minister Wang accepted an invitation from Minister Farrell to make a reciprocal visit as the two ministers seek to resolve a major trade dispute. BUT NO QUICK TRADE FIXES: While the first Joint Ministerial Economic Commission meeting since 2017 did not produce any immediate resolutions to the Australia-China trade disputes, Trade Minister Farrell said he had achieved what he travelled to China for – to find a...
Read More

PBEC Trade Report May 2023

May 8, 2023
PBEC Trade Report May 2023 US CALLS OUT EU GI POLICY: The USTR has again called out what it describes as the EU’s aggressive promotion of its exclusionary geographical indications (GI) policies. In an IP report the US said it remained concerned with the EU’s proposed expansion of its GI system to cover non-agriculture and food products. AUSTRALIA-EU FTA TALKS: A 15th Australia-EU FTA negotiating round between was held in Brussels during the week. A large Australian contingent travelled for the talks which were aimed at progressing the fiveyear-old negotiations to a stage where chief negotiators and ministers would then...
Read More

PBEC Trade Report March 2023

March 20, 2023
PBEC Trade Report March 2023 AUSTRALIA LOOKING FOR CHINA TRADE PROGRESS: Australian trade officials are expected to continue talks with their Chinese counterparts this week ahead of an anticipated visit by Trade Minister Farrell. He told Sky News during the week he was confident some progress would be made on outstanding issues. TRADE MINISTERS HEAD TO NEW ZEALAND: Trade Ministers from CPTPP FTA economies will head to Auckland in July for a 7th CPTPP Commission. NZ will be hosting the meeting as chair of the CPTPP in 2023. Trade Minister O’Connor said NZ businesses had already benefitted from $300m in...
Read More

PBEC Trade Report February 2023 – Part I

February 16, 2023
PBEC Trade Report February 2023 – Part I AUSTRALIAN TRADE MINISTER TO VISIT CHINA: Trade Minister Farrell will visit Beijing soon in a bid to improve trade relations between the two economies. It follows a virtual meeting between Minister Farrell and Commerce Minister Wang. It was the first meeting of the respective trade ministers since 2019. USTR VISITS VIETNAM & MALAYSIA: US Trade Representative Tai – the Biden Administration’s top trade official - is visiting Vietnam and Malaysia this week. The visit by Tai to the two ASEAN economies follows last week’s second round of the US-led Indo-Pacific Economic Framework...
Read More

PBEC Trade Report December 2022 – Part II

December 21, 2022
Issue: 028: December 2022 PBEC Trade Report December 2022 - Part II INDO-PACIFIC & OTTAWA GROUP COMPLETE MEETINGS: Negotiators from the 14 Indo-Pacific Economic Framework economies have completed their first negotiating round in Australia. The talks were attended by 450 officials. Meanwhile the Ottawa Group has met virtually to plan its 2023 agenda for WTO reform. ASEAN & EU KEEP FTA ON HORIZON: ASEAN and the EU have kept the prospect of an FTA between them as a long-term objective. In a leaders’ statement in Brussels, they welcomed EU FTAs with individual ASEAN economies and planned to intensify engagement in...
Read More

PBEC Trade Report December 2022

December 4, 2022
Issue: 027: December 2022 PBEC Trade Report December 2022 WTO LEADER VISITS AUSTRALIA & NZ: WTO director-general Ngozi Okonjo-Iweala visited Australia and NZ during the week where she held a series of ministerial meetings. Delivering the Lowy Lecture in Sydney she said the recent WTO MC12 had shown it can work across geopolitical differences and deliver results. AUSTRALIA NAMES EXPORTER OF YEAR: Infant formula manufacturer Bubs Australia has been named as the 2022 Australian Exporter of the Year. Founded in 2006, Bubs Australia has grown to be a leading exporter to key markets including China and the US. It won...
Read More

PBEC Trade Report November 2022 – Part I

November 8, 2022
Issue: 026: November 2022, Part I PBEC Trade Report November 2022 APEC TO BEGIN KEY MEETINGS: A series of key meetings begin in Bangkok on Sunday with the APEC Business Advisory Council. It will he followed by meetings of government officials, business chief executives and ministers before Thailand’s APEC 2022 culminates with the APEC Leaders’ Summit on November 18-19. CAMBODIA HOSTS RCEP FORUM: Cambodia has hosted a high-level RCEP FTA Forum in Phnom Penh to mark RCEP’s ten-year journey. Indonesian trade official Iman Pambagyo who chaired the RCEP Negotiating Committee for eight years was awarded the “Merit of the Great...
Read More

PBEC Trade Report October 2022

October 3, 2022
Issue: 025: October 2022 PBEC Trade Report October 2022 INDIA POSTPONES TRADE POLICY: India has postponed a new foreign trade policy and extended its current policy for a further six months. The Ministry of Commerce said the volatile global economic and geopolitical situation meant further consultations were required. A new policy was to be announced on September 30. AUSTRALIAN MINISTER INSISTS ON GREATER FARM ACCESS: Trade Minister Farrell is confident Australia can conclude an FTA with the EU in “good time” while telling the ABC Australia had made it clear it needed greater EU market access for its agriculture produce....
Read More

PBEC Trade Report September 2022

September 7, 2022
Issue: 024: September 2022 PBEC Trade Report September 2022 INDIA READIES NEW FOREIGN TRADE POLICY: India is finalizing a new foreign trade policy. Commerce Secretary Subrahmanyam was reported by The Hindu that the new policy would be unveiled on September 30. It would be part of a package to boost exports. An FTA with the UK could also be finalised soon. NEW ZEALAND TO REVIEW DAIRY QUOTAS: New Zealand is to review its dairy quota allocation system in ab id to ensure it maximises export returns for its industry. Agriculture Minister O’Connor said new FTAs with the EU and the...
Read More

PBEC Trade Report July 2022 – Part II

July 28, 2022
Issue: 023: July 2022 - Part II TRADE OFFICIALS MEET IN SINGAPORE: Trade officials from the US-led Indo-Pacific Economic Framework have met in Singapore. They canvassed a range of topics including trade in a connected economy, supply chain resilience, decarbonization and anti-corruption. A 14-economy ministerial meeting is expected soon. CHINA & SOUTH KOREA PURSUE SERVICES AGREEMENT: China and South Korea held chief delegate-level talks during the week to further pursue the inclusion of services and investment topics within their bilateral free trade agreement. The two economies have held nine negotiating rounds since March 2018. AUSTRALIA STRIVES TO PROTECT FARMERS: Australia...
Read More
1 2 3 4
Privacy Preferences
When you visit our website, it may store information through your browser from specific services, usually in form of cookies. Here you can change your privacy preferences. Please note that blocking some types of cookies may impact your experience on our website and the services we offer.