Australia


PM asked to facilitate out of court resolution
The Ministry of Petroleum and Natural Resources (MoPNR) has written a letter to Prime Minister Raja Pervez Ashraf to persuade the Balochistan government to settle the Reko Diq issue out of court, fearing a penalty of Rs39 billion by the International Centre for Settlement Investment Disputes (ICSID).
Push for huge free trade agreement by 2015
A new giant Asian free trade negotiation was launched last night at the end of the East Asia Summit in Cambodia, with a goal to complete the deal by the end of 2015.
Japanese poll delays FTA
Australia’s hopes of quickly clinching a free-trade agreement with Japan, its second biggest trading partner, have been dashed by a decision by Japanese Prime Minister Yoshihiko Noda to call a general election for December 16.
Why Australia walked away from investor state rights in trade deals - And why Canada should too
Much of the debate surrounding the Canada-China trade deal revolves around the dispute settlement clause in the deal. Troy Media contacted Professor Thomas Faunce of the Australian National University in Canberra to explain why the Australian government decided to discontinue the practise of seeking inclusion of investor state dispute settlement provisions in trade agreements with developing countries.
Govt delay in Australia-Korea FTA jeopardises $770m beef export market
Australia’s share of the Korean export beef market could be slashed by half over the next 15 years, unless a Free Trade Agreement can be expediently established between the two countries, according to the industry
Malaysia-Australia FTA in Parliament
Australian exporters of dairy products, automotive parts, iron and steel will benefit from improved market access under the MAFTA. Malaysia has also committed to allowing majority Australian ownership of service providers in such industries as telecommunications, insurance, education, tourism, research and development, accountancy and mining-related services.
Australia nudges India trade beyond coal
Australian Prime Minister Julia Gillard attended a business forum in New Delhi today, part of her government’s attempts to capitalize on booming trade with India.
Gillard cites food security in push for Japanese trade agreement
Australia's Prime Minister Julia Gillard has used rising concern in Japan about food security to renew the push to finalise a Free Trade Agreement.
Time to seal the deal on Japan FTA: Gillard
Julia Gillard announced last night that it was "time to seal the deal" with Japan on what would be Australia's biggest bilateral free trade agreement.
Free trade agreement with Japan urgent, say business leader Hugh Morgan
Veteran business and academic figures are warning free trade agreement negotiations between Australia and Japan are now a matter of urgency as challenges from the Asian Century emerge.