Archive for the ‘Australia’ Category

International Trade Council Applauds UK-Australia Free Trade Agreement for Accelerating Fintech Collaboration

Australia, News, Trade Agreements, United Kingdom

September 6, 2023

The International Trade Council warmly welcomes the Free Trade Agreement (FTA) between the United Kingdom and Australia, a landmark deal set to boost fintech sectors in both nations by removing over 99% of tariffs and enhancing labor mobility. Signed in December 2021, this comprehensive agreement will not only facilitate work and travel opportunities but […]

International Trade Council Applauds the Revival of Tariff-Free Sugar Trade Between Australia and the UK

Australia, News, Trade Agreements, United Kingdom

September 5, 2023

The International Trade Council welcomes the significant milestone of the first shipment of raw sugar from Australia to the United Kingdom under the newly established free trade agreement between the two nations. This historic trade event marks the reopening of a valuable market for Australian sugar suppliers and underscores the positive impact of international trade […]

Landmark Australia-UK Free Trade Agreement

Australia, News, United Kingdom

August 22, 2023

Melbourne, August 22, 2023 – The International Trade Council is pleased to acknowledge the successful implementation of the Australia-United Kingdom Free Trade Agreement (FTA). This milestone was celebrated today during the Australian British Chamber of Commerce business lunch in Melbourne. The recent activation of this gold-standard trade agreement marks a significant shift in the economic relationship […]

ITC fellow to be keynote Speaker in Melbourne Conference

Australia, Economic Development, News

June 12, 2023

The ITC is pleased to announce that its fellow, Iain Evans, will be speaking at Branching Out in Melbourne in August this year. Branching Out, a unique forum designed to foster global trade and investment relations, serves as a valuable convergence point for Australian exporters and importers. The two-day conference will provide a platform […]

International Trade Council Applauds Implementation of UK’s Post-Brexit Trade Deals with Australia and New Zealand

Australia, New Zealand, News

May 31, 2023

The International Trade Council (ITC) enthusiastically welcomes the entry into force of the UK’s post-Brexit trade agreements with Australia and New Zealand. These treaties, while garnering diverse views, signify a significant move for the UK as an independent trading nation, as they represent the first deals to come into force following Britain’s exit from the […]

International Trade Council Engages in Discussions Regarding Australian-EU Trade Negotiations

Australia, Europe, News, Trade Agreements

May 23, 2023

The International Trade Council (ITC) acknowledges the ongoing trade negotiations between Australia and the European Union (EU) and the concerns raised by Australian dairy farmers and wine producers regarding the potential impact on naming rights. The ITC recognizes the importance of these negotiations for both parties and encourages open dialogue and constructive engagement to […]

Australia Ratifies Free Trade Agreements with India and Britain

Australia, News, Trade Agreements

November 22, 2022

The International Trade Council is delighted to announce that the Australian Parliament has passed bilateral free trade agreements with India and Britain. This important step will enable both Australia and its partner nations to diversify their trade relations, as Australia seeks alternatives to the Chinese market and Britain continues to establish new bilateral trade partnerships […]

Australia and India Forge Closer Trade Ties with Economic Cooperation and Trade Agreement

Australia, Bilateral Trade Relation, India, News

April 2, 2022

The International Trade Council welcomes the recent signing of the Australia-India Economic Cooperation and Trade Agreement, which signals an intention by the two nations to forge closer trade ties. The virtual ceremony took place on April 2, with Australia’s Prime Minister, Scott Morrison, and his Indian counterpart, Narendra Modi, witnessing the event. According […]

Australia and the United Kingdom Sign Comprehensive Free Trade Agreement

Australia, Bilateral Trade Relation, News, United Kingdom

December 20, 2021

The International Trade Council is delighted to announce the signing of a free trade agreement between Australia and the United Kingdom. The deal was signed virtually by Australian Trade Minister Dan Tehan in Adelaide and Britain’s Secretary of State for International Trade Anne-Marie Trevelyan in London. This landmark agreement will eliminate 99% of taxes on […]

International Trade Council concerned over China’s suspension of economic dialogue with Australia

Australia, China, News, Trade Relations

May 6, 2021

The International Trade Council has expressed concern over China’s decision to “indefinitely” suspend key economic dialogue with Australia, calling it the latest in a growing diplomatic rift between both countries. This move has escalated tensions between Australia and China, which have been on the decline since Australia called for a probe into the origins of […]

International Trade Council Expresses Concern over Plummeting Chinese Investment in Australia

Australia, China, Foreign Investments, News

March 1, 2021

Sydney, 1 March 2021 – The International Trade Council (ITC) expresses its concern over the recent 61% drop in Chinese investment in Australia in 2020, marking a six-year low. The drop comes amid growing diplomatic tensions between the two countries, and signals a major challenge to Australia’s economy, which has long benefited from Chinese investment. […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.