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Tag Archives: Australia

India To Evaluate RCEP

India has not closed the door on the Regional Comprehensive Economic Partnership (RCEP), Indian foreign minister S. Jaishankar said recently, adding that New Delhi’s concerns were clearly expressed and the ball was in the court of the partner countries. According to the minister, there was a substantial gap between India’s position and that of other countries in the RCEP — 10 ...

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Investors from Australia, Canada and the UK that meet certain criteria will be exempted from some new US restrictions on foreign investment – but New Zealand didn’t make the cut. The three countries have been added to an ‘excepted states’ list and may face different compliance requirements to revised US investment regulations released recently. The finalized rules, which will come into effect ...

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U.S. Exempts Australia, Canada, UK From Some Foreign Investment Review

The Trump administration will exempt some companies from Australia, Canada and the United Kingdom from beefed up scrutiny of foreign investments in the United States. The finalized rules, which will go into effect on Feb. 13, extend the powers of the Committee on Foreign Investment in the United States, known as CFIUS, which has increasingly flexed its muscle against Chinese firms. They ...

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Australia’s Rubicon Water Improves Water Efficiency For India’s Farmers

Melbourne-based Rubicon Water focuses on improving large-scale, gravity-fed irrigation systems. The company offers advanced technology designed to sustainably increase global food and fibre production by improving water use efficiency. Rubicon’s solutions autonomously control the delivery of irrigation water to farms in irrigation channels, which reduces losses and improves the reliability, flexibility and timeliness of supply. The company also has a range ...

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More Tariff Cuts Under Australia’s Free Trade Deals

Australian farmers and businesses will continue to reap the benefits of the free trade agreements with new tariff cuts kicking-off in the new year in major export markets. Federal Trade Minister Simon Birmingham said the latest round of tariff cuts under the trade agreements with China and South Korea as well as the Trans-Pacific Partnership (TPP-11) would build on the huge benefits these ...

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Brighter Days Ahead For U.S. Beef Exports

U.S. beef exports have trailed year-ago levels for each of the first 10 months of 2019, but there is growing optimism that international demand for U.S. beef will improve in 2020. The latest positive development occurred in December, when Japan finalized approval of the U.S.-Japan Trade Agreement. This will improve the competitive position of U.S. beef in Japan by allowing the ...

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Improved Access For Australian Produce

Australian exporters are ready to capitalize on improved trade conditions in a number of key Asian markets. A fresh round of tariff cuts on a range of the country’s fresh produce products came into effect on 1 January 2020, under free trade agreements settled by the Australian government. The terms of the China-Australia Free Trade Agreement (ChAFTA), which came into force ...

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Brexit Free Trade Agreement Could Offer Australians Visa Free Travel Opportunity To The UK

Australians could be free to live and work in the United Kingdom without a visa under a post-Brexit free trade agreement between the countries. Visa-free travel between the Commonwealth nations could become a reality next year after Boris Johnson’s recent election victory. Australia is tipped to be one of the first countries to sign a free trade agreement with Britain ...

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Australian, New Zealand Dollars Transfixed As Trade Talks Tick Down

The Australian and New Zealand dollars shuffled sideways as Sino-US trade talks approached a weekend tariff deadline with little sign of progress, while data pointed to subdued economic conditions at home. The Aussie idled at US$0.6825 in very quiet trade, having spent six sessions snared in a snug US$0.6813/6862 range. The kiwi dollar was equally becalmed at US$0.6555, though it ...

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Asia Stocks Fall As Trump Delays Trade Deal With China

U.S President Donald Trump said the trade deal with China may be delayed. As a result, stocks in Asia traded low. Australian shares, which experienced a growth in its economy in September, also experienced losses in major markets. Similarly Japan, South Korea and Mainland Chinese stocks tumbled down marginally. Investors were anticipating a breakthrough in the trade deal between China and ...

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