Businesses could benefit from cheaper international mobile phone calls and
safer roads as a result of Australia’s investment in a range of initiatives
designed to promote the flow of goods and services across the 21 APEC
In Yokohama, Japan, for the 22nd APEC Ministerial Meeting, Trade Minister
Craig Emerson committed $1 million to two projects designed to improve
public sector capacity in the Asia-Pacific region.
“Building capacity in the Asia-Pacific to make doing business faster,
easier and cheaper is vital to the growth of both Australia and developing
economies in the region,” Dr Emerson said.
Australia will lead a training initiative targeted at APEC
telecommunication regulators with the aim of reducing mobile international
Another project is designed to improve logistics cooperation between
industry and Government.
They are part of the Public Sector Linkages Program, which is administered
Australia will also promote efforts to develop region-wide safety standards
for heavy road vehicles.
Dr Emerson said a 10 per cent efficiency improvement in the delivery and
distribution of goods and services across regional borders could create
thousands of jobs and lift APEC’s real GDP by US$21 billion a year.
“Adopting a holistic approach to supply chains is essential to the smooth
flow of goods, services and business people in this increasingly globalised
world,” he said.
The three Australian-led initiatives form part of the Supply Chain
Connectivity Framework adopted by APEC Leaders in November 2009.
The projects will commence next year and be completed in 2012.
- Minister's Office: (02) 6277 4330
- DFAT Media Liaison: (02) 6261 1555