ATIC - Export Update

Monday, June 19, 2023

Your June update of the latest export news and events

Export Update

Australia-UK Free Trade Agreement now in force!

The Australia-UK Free Trade Agreement (A-UKFTA) entered into force on 31 May 2023. Over 99% of Australian goods will now enter the UK tariff free. This allows Australian exporters to diversify and grow their exports to a mature, premium market of over 67 million people.

The A-UKFTA will also pave the way for professionals to work in each other's countries, increasing R&D and regulatory collaboration in industries such as clean energy, fintech and other digital technologies. New visa provisions will make intra-corporate transfers easier.

Learn more

London is calling Aussie tech companies

Join our webinar series to learn how you can benefit from the Australia-UK Free Trade Agreement to land and expand in the UK. Hear from UK market entry experts on the steps you need to take to succeed in the UK's competitive tech sector.

22 June: Public sector procurement and bidding best practices and strategies
29 June: Building your UK business networks and communities
6 July: Trading essentials with NatWest - setting up a UK Bank account

Exhibit at the Australian F&B Pavilion at CIIE 2023

Join Austrade at the Australian Pavilion at the China International Import Expo (CIIE) on 5–10 November 2023. Showcase your food and beverage products to state-owned enterprises, importers, traders, distributors and retailers. Receive networking support from Austrade and state governments, and raise your brand awareness through major social medial platforms in China.

NEXTDC to build A$1bn data centre in Malaysia

Data centre operator, NEXTDC Limited, will build its first overseas facility in Kuala Lumpur. It will invest A$1 billion over the centre's 5–10-year development.

A smashing success for AvoFresh in Malaysia

After launching in March 2023, AvoFresh's avocado spreads and classic guacamole are now available at most major retail chains across Malaysia.

India Tech Export Catalyst Program

Austrade invites Australian fintech scale-ups and start-ups to participate in the fintech cohort of the India Tech Export Catalyst (ITEC) program.

ITEC is a free, facilitated online program to help Australian tech scale-ups learn about opportunities in the Indian market and develop a practical market entry plan into India. Places are limited, apply by 25 June.

Express your interest

Have your say at the STS Summit

The Simplified Trade System (STS) will streamline Australia's trade regulations, modernise trade-related ICT systems and simplify trade processes. But we need your input – register for the STS Summit now to help develop and prioritise the reforms.

Kuwait extends shelf-life limit for chilled vacuum-packed beef

Kuwait has extended the shelf-life limit of chilled vacuum-packed beef from 90 days to 120 days. This will help reduce freight costs as meat can be shipped via sea rather than air.

Cyber project between Australian and Malaysian unis

The University of Melbourne has partnered with Universiti Kebangsaan Malaysia to develop Malaysia's cyber incident response capability.

Insight: Key drivers of global vegetable oil and cereal price volatility

Farm costs, such as fuel, fertiliser and freight, have risen substantially over the last 2 years. This article looks at the key drivers of price volatility and the implications for Australian exporters.

Read insight

Case studies

Capilano relaunches into the UK

The A-UKFTA will level the playing field for Capilano as it relaunches into the UK, one of the world's largest honey consumers.

Fourth Wave Wines brings diverse Aussie wine brands to the UK

The A-UKFTA will help Fourth Wave Wines offer premium wines at more affordable price points.

World-first Aussie rooftop solar tech bring clean energy to the world

Allume Energy's SolShare solution allows multiple apartments in the same building to share a single rooftop solar PV system, cutting power bills for people living in apartment buildings.

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