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New Zealand has agreed to contribute NZ$420,000 to the World Health Organisation (WHO) to assist distribution of the swine flu vaccine to the Asia-Pacific region. In September, Australian Prime Minister Kevin Rudd and Health Minister Nicole Roxon pledged to donate up to 10 percent of our pandemic (H1N1) vaccine to the WHO for use in [...]
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Parliamentary Secretary for Trade Anthony Byrne has highlighted the growth in opportunities to export food products to the Asian region in his address to the Australian Food and Grocery Council Industry Leaders Conference yesterday. Byrne said the size of the food, beverage and grocery industry was comparable to mining, contributing 2.5 percent to Australia’s gross [...]
...read moreLeaders from the Association of South East Asian Nations (ASEAN) have agreed to bring the ASEAN-Australia-New Zealand Free Trade Agreement into force on January 1, 2010 at their regional meeting yesterday. The FTA is Australia’s largest, and will account for one-fifth of Australia’s two-way trade, or more than $110 billion. The agreement spans the 10 [...]
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The Association of Southeast Asian Nations (ASEAN) will launch the ASEAN Intergovernmental Commission on Human Rights (AICHR), the first regional human rights body in the Asia-Pacific, when regional leaders meet in Hua Hin, Thailand, for their annual summit tomorrow. The United Nations has supported the AICHR, but said ASEAN must ensure it establishes the body [...]
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A team of two New Zealand teenagers last week took home top honours in the Asia-Pacific region finals of the International Trade Challenge, a competition jointly run by Young Achievement Australia, US-based Junior Achievement and FedEx Express. The challenge is designed for secondary students to show their business acumen through an international market entry strategy. [...]
...read moreAustralian Minister for Trade Simon Crean and Mexican Secretary for the Economy and Trade Gerardo Ruiz Mateos met last week upon finalising the report of the Australia-Mexico Joint Experts Group on Strengthening Bilateral Economic Relations. Bilateral trade passed $2 billion last year and the two ministers identified areas where the two economies could work together, [...]
...read moreWorld Trade Organisation (WTO) director-general Pascal Lamy has come out in support of the Asia-Pacific Economic Cooperation (APEC) fight against trade protectionism. In Singapore to meet the APEC ministers this week, Lamy said governments should have political resolve to combat protectionism. “We have seen an increase in restrictive trade measures since the onset of the [...]
...read moreThe latest World Health Organisation (WHO) report on swine flu indicates that 94,512 cases of the A(H1N1) virus have been confirmed worldwide, with 429 deaths attributed to the disease. Australia leads the Asia-Pacific region with 5,298 cases, while Britain has recorded the most cases in Europe, 7,447. The flu, which originated in North America, has [...]
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Global credit insurance agency Coface predicts that the rest of the year will see the world end on a recession, contracting by 2.5 percent, but then proceed to slow growth of 1.7 percent next year. Emerging economies will outpace industrialised countries, growing 0.7 percent this year and 4.1 percent in 2010. “Some real economy indicators [...]
...read moreThe King of Spain HM King Juan Carlos I and Queen Sofia concluded their visit to Australia last week at the Australia–Spain Business Forum. Their first official visit in more than two decades was designed to boost Spain’s profile in the Asia-Pacific region. Parliamentary Secretary for Trade Anthony Byrne said the visit indicated the strengthening [...]
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