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As Australia’s largest trading partner, just ahead of Brazil according to Austrade’s 2010 figures, Mexico is a land of opportunity for Australian exporters. In addition its market for energy, a strong mining industry and government-backed infrastructure projects, manufacturing costs in Mexico are lower than in Brazil, China or India. Australia is also regarded as a [...]
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The 2010 DHL Export Barometer indicates Australian exporters are moving their interests to the emerging economies of Latin America, Asia and Africa.
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Contrary to popular belief, there is no such thing as an ‘international’ or ‘worldwide’ patent, or ‘international trade mark’ that covers the whole planet in one application. A mechanism exists under the Patent Cooperation Treaty (PCT), administered by the World Intellectual Property Organisation (WIPO), whereby applicants can make international patent applications, however this merely simplifies [...]
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Minister for Trade Simon Crean is has embarked on a visit to Latin America, and will be stopping in Mexico, Chile, Argentina, Brazil before co-chairing a meeting of the Cairns Group to advance the Doha Round in Uruguay. “Latin America has tremendous potential as a regional trading partner for Australia,” he said. “I will be [...]
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Leading Latin American nation, Brazil will soon be a global power and Australian businesses had better take advantage of their rise. The many similarities between Australia and Brazil give exporters the opportunity to explore and build their business in the burgeoning market. Of all the four BRIC (Brazil, Russia, India and China) economies, Brazil is [...]
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Results from the 2009 DHL Export Barometer reveal that new exporters are thriving in the current global economic climate, recording the biggest jump in orders in the last three months, and the highest confidence levels – twice that of exporters that have been trading for more than 20 years. Gary Edstein, DHL Express’ senior vice [...]
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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 [...]
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The United Nations’ Department of Economic and Social Affairs expects world trade to drop by 11 percent this year, the largest decline since the Great Depression, criticising the uncoordinated response to the global financial crisis. DESA’s report noted: “At present the stimulus is very unbalanced. Eighty percent of the stimulus is concentrated in developed countries, [...]
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The Federal Government has allocated $4.5 billion in funding for their Clean Energy Initiative in the latest Budget, including close to $15 million over three years for export and investment as part of the Clean Energy Trade and Investment Strategy. The $4.5 billion will support technology and jobs in the cleantech sector and is designed [...]
...read moreThe Federal Government has increased its funding to the Department of Foreign Affairs and Trade in the latest Federal Budget, delivered last night by Treasurer Wayne Swan. The $106.5 million in extra funding will target three key areas: diplomacy and national security; trade; and protection of Australians abroad. The Government has allocated another $106 million [...]
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