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The Latest Breaking News from Trade

$20m green innovation grants program opens

A $20 million grants program jointly run by Australia's Department of Foreign Affairs and Trade and Singapore's enterprise development agency has launched almost a year after it was announced. Grants of up to half a million are on offer to applicants of the through the Go-Green Co-Innovation program, who will…

InnovationAus

NZ wins hard-fought victory over Canada in dairy trade dispute

The time and cost of forcing 'the world's friendliest nation' to comply with the rules of new trade deal bode ill for when more intransigent countries like the UK or China dig in their heels, argues Jonathan Milne.

Newsroom.co.nz

Loneliness, airports, hotel rooms – the life of a trade minister

Labour’s Damien O’Connor says it’s a 'lonely life' constantly on the road as trade minister, but he is relishing the role even if he’s permanently changing time zones.

Newsroom.co.nz

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China’s faltering economy casts a cloud over chances of a breakthrough on trade

A slump in Australia’s major trading partner’s fortunes will have a profound effect on our exports — and our economy.

Crikey

Australia willing to walk away from EU deal: Minister

Australia was prepared to pull the pin on trade talks with the European Union if negotiations broke down further on the naming of cheeses and wine.

The New Daily

Australia prepared to walk away from EU trade table: Minister

Trade Minister Don Farrell says while an agreement with Europe will be highly beneficial, the government won't sign away core Australian interests.

The New Daily

Scottish minister calls for more engagement on trade deals

Rural Affairs Secretary states that UK Government-negotiated deals won't benefit Scottish producers

Insider UK

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US Push for Controls on Investment in China Hits EU Resistance

The European Union is cautious about imposing controls on investments into China, despite encouragement from the US to develop tougher legal tools.

Bloomberg

Weeks before EU and Latin American joint summit, trade deal remains elusive

The European Union and the Mercosur group of Latin American nations are still struggling to bridge the last difference before they can reach final agreement on a long-delayed trade deal

The Independent UK

Progress made with China despite trade block: Treasurer

Treasurer Jim Chalmers says progress has been made with China on the removal of trade bans after the prime minister accepted an invitation for a state visit.

The New Daily

Australia ‘hopeful’ China will lift more trade bans

Australia is hopeful more trade sanctions will be lifted from key exports following a surprise announcement from Beijing, as trade relations begin to improve.

The New Daily

Australia 'hopeful' China will lift more trade bans

Australia is hopeful more trade sanctions will be lifted from key exports following a surprise announcement from Beijing, as trade relations begin to improve.

AAP

Trade minister vows to persevere on China ban removal

Following his visit to China, Don Farrell says he's still optimistic of trade restrictions being lifted on Australian products, but it won't happen overnight.

The New Daily

Australian trade minister returns from China trip with agreements to 'step up' dialogue

Trade Minister Don Farrell returns from a two-day trip to China without concessions from Beijing on a raft of trade bans against Australian exports, but says there is "positive momentum" in the countries' relationship.

ABC News

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ABC News

Australia, China to build on 'positive momentum' but no major breakthrough after meeting on trade

Australia and China agree to step up dialogue to resolve bitter trade disputes under existing free trade mechanisms, but fail to secure any major breakthrough during ministerial talks in Beijing.

The New Daily

Has the big thaw begun? China’s foreign minister will visit Australia

China's Foreign Minister will visit Australia in a fresh sign of improved relations between the nations and the potential end of trade bans

ABC News

Trade Minister Don Farrell given surprise Forbidden City tour, China's foreign minister to visit Australia

Senator Farrell says he is "very privileged to be invited here to this iconic site" as a former Chinese diplomat describes the unexpected invitation as a "very high-level welcome from Beijing".

The Guardian - UK

Workers’ rights put at risk by plan to scrap EU working hours rules, says TUC

Trade secretary Kemi Badenoch says retained EU law bill will help businesses cut costs

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ABC News

Trade Minister Don Farrell to visit China in push to end trade war

Australia's Trade Minister Don Farrell will hold a meeting with his Chinese counterpart in Beijing this week, with hopes it could signal the trade turmoil between China and Australia will soon be over.

InnovationAus

$61m cut from popular export grants program

Funding for the popular Export Market Development Grant program will be cut by $61 million over the next four years, with the savings to be redirected to other federal government priorities. According to the 2023-24 federal Budget, Austrade administered payments for the scheme is being cut by $75.8 million overall,…

The Independent UK

Government’s ‘ideological’ approach to Brexit trade deals condemned by senior Tory

Former Cabinet minister George Eustice says too much has been given away in the name of free trade

InnovationAus

Innovation makes debut in Australia-UK free trade agreement

Australia's first free trade agreement with a dedicated chapter on innovation will come into effect at the end of the month, promising a new era of collaboration with the United Kingdom. The Australia-UK free trade agreement (A-UKFTA) received Royal Assent in March following its passage through the UK Parliament, and…

The New Daily

Hopes for barley breakthrough with China grow

Australia is hopeful of further movement on trade sanctions with China as the trade minister prepares to head to Beijing in the coming weeks.

Reuters

Normalising China-Australia trade will take more than a political fix

More than three years since China first blocked a range of Australian imports in a political dispute, restrictions are easing, but reviving trade is proving more challenging than stopping it in the first place.

AAP

Any concession on prosecco, feta an economic 'disaster'

Naming rights for prosecco and cheese should not be open to negotiation as Australia and the EU wrangle to secure a free trade deal, the coalition says.

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