Australia advancing trade in the Asia Pacific
Media release
15 June 2010
Trade Minister Simon Crean today welcomed the commencement of the parliamentary process for Australia to join the Advisory Centre on WTO Law (ACWL).
An international agreement was today tabled in Parliament with a National Interest Analysis noting the benefits of the Advisory Centre.
"Trade helps underpin sustainable economic growth , and developing countries require assistance to take full advantage of the benefits of trade liberalisation, including World Trade Organization countries in the Asia-Pacific," Mr Crean said.
"By joining the Advisory Centre, Australia would help to promote more equitable access to the WTO system, including dispute resolution procedures. It is a reflection of the strength of Australia’s commitment to the WTO, and an open and transparent multilateral system as a foundation of future prosperity."
The decision to join the ACWL builds on Australia’s $3 million contribution to the Centre, announced in November 2009.
"Australia’s support of the Advisory Centre will contribute to greater economic stability and global prosperity in line with our broader trade policy objectives," Mr Crean said.
The agreement will be considered by the Joint Standing Committee on Treaties (JSCOT).
The ACWL is an intergovernmental organisation based in Geneva that provides training and subsidised legal services on World Trade Organization (WTO) law to developing countries. The ACWL is independent of the WTO.
Media inquiries
- Trade Minister's Office: (02) 6277 7420
- Departmental Media Liaison: (02) 6261 1555