PUBLISHED | APRIL 20, 2012
COMMENTS | NONE
Australia encourages developing countries to embrace open trade
Parliamentary Secretary for Foreign Affairs Richard Marles will travel to Qatar to promote the benefits of more open trade for developing countries at the United Nations Conference on Trade and Development. "Recent threats to the global economy are placing pressures on governments to find sources of sustainable and balanced economic growth," Marles said. "It is in Australia's interest to work closely with UNCTAD to maximise the trade and investment opportunities of developing countries and assist them in efforts to integrate into the world economy." UNCTAD is the key UN organisation providing advice to developing countries, in particular, about maximising development opportunities through trade. Marles will take the opportunity to meet bilaterally with his counterparts from a number of countries. He will also become the first Australian Government representative to officially visit the three European countries Albania, Andorra and San Marino. Tax Information Exchange Agreements (TIEA) have already been signed with both San Marino and Andorra and Marles will commence negotiations on similar agreements with Albania. "I will also be progressing negotiations on reciprocal work and holiday visa arrangements with San Marino and Andorra," he said.