Australian firms urged to explore opportunities in ASEAN

Tuesday, 2020-08-25 10:32:49
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Australian Minister for Trade, Tourism, and Investment Simon Birmingham (Photo: canberratimes.com.au)
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NDO/VNA - Australian Minister for Trade, Tourism, and Investment Simon Birmingham called on Australia’s business community to explore more opportunities in the ten ASEAN member states during a webinar held over the weekend.

The ASEAN-Australia: The Road to Recovery Interactive Webinar was jointly held by the Australia-ASEAN Council, the ASEAN Committee in Canberra, and Asialink, to celebrate the bloc’s 53rd founding anniversary.

Birmingham highlighted that growth potential in ASEAN countries, like Vietnam and Indonesia, coupled with established ties between Australia and nations such as Singapore and Malaysia, would provide major opportunities for Australian enterprises to further strengthen cooperation in trade and investment with ASEAN.

He noted that the Regional Comprehensive Economic Partnership (RCEP), to be inked by 15 countries across Indo-Asia-Pacific, will also facilitate business activities. He expects the deal will encourage Australia’s business community to seek opportunities in ASEAN nations, driving future growth.

CEO of Australia Post Christine Holgate, who is also chairman of the Australia-ASEAN Council, said she hopes that ASEAN would offer Australian companies opportunities to develop and participate further in the international strategic playground.