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Trade update | 31 March 2023
31 Mar 2023
DFAT Biannual Peak Bodies Consultations
ACCI CEO Andrew McKellar spoke at the DFAT Biannual Peak Bodies Consultations yesterday. He focused on ACCI’s future priorities, including the need to continue diversification efforts, working to achieve more efficient trade facilitation and stepping up international engagement.
UK Parliament approves Australia-UK FTA
The UK parliament has passed legislation to bring the Australia-UK FTA into effect there, making it the UK’s first trade deal signed following Brexit.
The FTA will remove over 99 per cent of the $9.2 billion Australian goods exported. Australian professionals will gain access to UK job markets with additional opportunities for intra-company transfers and working holiday makers.
The date for entry into force is yet to be announced.
Click here to read the full media release.
Paris Arbitration Week Kick-off Event
On the eve of Paris Arbitration Week, ICC Australia held a symposium for Australian international arbitration practitioners at the Australian Ambassador’s residence.
The event included an afternoon symposium and an evening reception held at the residence of Her Excellency, Ms Gillian Bird PSM, Australian Ambassador to France. The symposium was well attended by ICC Australia arbitration members and the international arbitration community, with arbitrators from Australia, Singapore, Italy, United Kingdom, Dubai and Hong Kong flying into Paris to attend the symposium and Paris Arbitration Week.
ICC Australia will be hosting more events and activities throughout the year.