Trends Transforming Trade

La Oficina Comercial de Perú en Australia, la Cámara de Comercio de Lima y el Global Trade Professionals Alliance (GTPA) le invita al almuerzo para celebrar el lanzamiento del primer taller de GTPA, “Creando Oportunidades en Australia para Empresas Peruanas de Industrias Creativas”.

El almuerzo será una oportunidad única de conocer Profesionales en comercio exterior de Australia y aprender más sobre el mercado australiano y como crecer su negocio internacionalmente.

Trabajando en conjunto con socios peruanos, GTPA desea presentarles el modelo GTPA y los nuevos estándares para Profesionales en comercio exterior.

The Trade Commission of Peru in Australia, the Lima Chamber of Commerce and the Global Trade Professionals Alliance (GTPA) invite you to join us for a luncheon in celebration of the launch of the first GTPA workshop,Creating Opportunities for Peruvian Companies in the Creative Services in Australia.

The luncheon will be an exclusive opportunity to meet with Australian trade professionals in order to learn more about the Australian market and how to advance your opportunities to grow internationally.

Working with local partners in Peru, the GTPA wishes to introduce you to the GTPA ecosystem as well as the brand new ISO standards for Global Trade Professionals.

Ms Lisa McAuley was recently invited to join the Group of Producing Countries from the Southern Cone (GPS) as part of the WTO Public Forum 2018 to discuss linking food production systems, environment, food security and international trade.

The focus of our panel discussion was to incorporate the considerations of the interrelationships between food production systems, food security, climate change and trade to progress in building shared visions and in guiding the actions of global governance bodies towards the implementation of actions needed to achieve more ambitious targets for food security and climate change mitigation.

Exporting online presents exciting opportunities for Australian & New Zealand businesses thinking of expanding to new markets and the value of online sales is expected to grow to $16.2 trillion.

For small businesses and particularly for companies located in regional areas this presents a unique opportunity to enter new global markets that might never have been possible in the past.

What is RISCON?

Riscon Solutions Limited is a UK global consulting company specialising in information and knowledge management.

The intersection between trade systems and the digital economy may not be obvious but it is vitally important.

As a significant financier of trade flows in the Asia-Pacific region, efficiency in the ‘wiring’ of trade is essential to ANZ’s presence in over 20 countries in the region.

"Improvement is about eliminating the use and delivery of paper-based documentation which in turn creates greater efficiency and ensures greater security through the supply chain”

FRMSTAFF is an Australian owned company, specialising in recruitment services for the International Freight Forwarding, Customs Broking, Logistics, Shipping and Aviation industries.

Supply chains around the world are the arteries of global commerce, enabling trade flows worth tens of trillions of dollars annually in merchandise and services trade alone.

The GTPA is pleased to partner with Opus Learning Institute, the International Trade Council, InterAnalysis and the University of Sussex to introduce a brand-new Executive Bootcamp for trade and supply chain professionals.

This exclusive programme provides the gold standard in skill and competency development for individuals and institutions in the professional practice of trade-related disciplines.

Given the current uncertainty around traditional trading partnerships for Canadian business, this programme will assist companies to look towards alternative market options and new trade corridors. It will also prepare your business to manage trade uncertainty.

CLICK HERE TO DOWNLOAD COURSE PROGRAMME

CEO of the GTPA and former CEO of the Export Council of Australia, Lisa McAuley says, “Increasing trade and investment is absolutely crucial to unlocking the opportunities for the 11 countries involved in the agreement. The TPP-11 is an important step forward at a time when the benefits of international trade are currently the subject of debate in various contexts.”

New modelling undertaken by economists from Brandeis International Business School and Johns Hopkins University highlighted that Australia is forecast to see $15.6 billion in net annual benefits to national income by 2030 and increases in exports of $29.9 billion as a result of the TPP-11. Consequently, the GTPA supports the bipartisan support for the ratification of the agreement.

GTPA was pleased to participate in the GTR Asia Trade & Treasury Conference in Singapore at Marina Bay Sands from the 4-7 September 2018. Over 1,000 delegates attended the conference, which is now firmly established as the largest international event in the trade, treasury and commodity finance market.

Joining the GTPA for the panel discussion to launch the upcoming new specialisation for Trade Finance and Supply Chain Finance Professionals were Mr Alexander R, Malaket, Chair, International and Technical Advisory Committee, GTPA, Mr Tristram Travers, technical Director of the GTPA and Anushka Wijesinha, Advisor to the Ministry of Development Strategies and International Trade (MODSIT) in Sri Lanka.

GTPA is a new global trade ecosystem to advance and support businesses, trade organisations and professionals engaged in global trade. GTPA is the only organisation globally to develop the international standard for certifying trade professionals. The Global Trade Professional (GTP) Programme, has been developed under ISO/IEC 17024, for the certification of professional competence in the field of global trade. Our goal is to bring people together to build professional capabilities in trade, elevate the profile of trade, advocate the benefits and opportunities of trade, facilitate networking at a global level as well as to improve the performance and success of companies in global trade which will in turn boost the efficiency of trade processes.

My Freight Career is a Registered Training Organisation (RTO 90489) and Quality Group Training Organisation (GTO) specialising in providing quality training and trainees to the International Freight Forwarding, Customs Broking, Logistics and Aviation industries.

The Chain of Responsibility legislation is designed to make sure all people are held responsible if their actions, inactions or demands contribute to a breach of road safety.

My Freight Career is a national company providing industry focused training for the Logistics and Freight Forwarding industry. Training can be provided as a subject overview or provide in depth and detailed information. They offer a wide range of courses that are ready to deliver or they can tailor a bespoke course to fit your specific needs.

I am delighted to announce on behalf of the GTPA, that Professor Andreas Klasen based Germany has joined the Trade Finance and Supply Chain Finance Working Committee.

Dr Andreas Klasen is full Professor of International Business at Offenburg University and Head of the Institute for Trade and Innovation (IfTI) teaching courses on international financial management, international trade law and qualitative methods. His research focuses on trade policy and export finance, innovation and economic development. He is also Visiting Professor at Northumbria University, Senior Honorary Fellow in the Global Policy Institute at Durham University, and an ICC Germany National Committee Member.

The GTPA announces the upcoming launch of the global ISO 17024 specialisation for Trade Finance and Supply Chain Finance Specialists.

The business of trade financing has earned unprecedented profile and visibility over the last several years in particular, yet this fundamentally important enabler of international commerce has an urgent need to attract the next generation of energetic and committed practitioners. In this context, an ISO-aligned specialisation in trade finance and supply chain finance is an important evolution in the practice of trade financing.

3pm to 4pm AEST - Monday, 27 August 2018

To register for this free event, please click HERE.

The Department of Home Affairs have introduced Mutual Recognition Agreements (MRAs) for Trusted Traders with foreign border administrations.

MRA benefits are extended to exporters who have obtained the Australian Trusted Trader (ATT) status who experience a "lighter touch" and faster processing times at destination ports.

The idea of facilitating secure and compliant trade underpins many international agreements such as the WTO Trade Facilitation Agreement (TFA) and WCO Safe Framework of Standards (SAFE) and is reflected in many “Authorised Economic Operator” programmes such as our own Australian Trusted Trader Programme (ATTP).

Government and its agencies also provide further assistance to those in the supply chain to take advantage of trade opportunities whether through Export Market Development Grants, other export and trade finance and education on benefits available through Free Trade Agreements (FTA).

GTPA hit the road in June for a whirlwind tour around Europe to meet with key stakeholders in Germany, Belgium, Amsterdam, Geneva and the UK. Whilst I had the great pleasure to attend the IfTI Global Symposium: “Financing. Impact. Together”, my long-time colleague, Collins Rex, participated in the WCO eCommerce Working group face-to-face meeting in Brussels as part of a 4-day gathering to determine the essential data elements for eCommerce customs clearance and agree on key eCommerce definitions.

Doing business globally and maintaining a competitive edge requires the development of new skills and knowledge.

Exporters must have access to a trusted network of skilled professionals to help their business to grow.

Surprisingly, international trade is perhaps the only recognised profession that hasn’t developed a global standard for certifying trade professionals – until now.

As Chair of the ITAC, I am delighted to announce that Dr. Alisa DiCaprio based in New York has joined the Trade Policy Working Committee.

As Chair of the ITAC, I am delighted to announce that Mr. Maninder Bhandari, based in Dubai, UAE, has joined the committee. As a former senior international banker with over 29 years' experience with HSBC, ABN Amro Bank, Emirates NBD and The Bank of New York Mellon in Asia/Pacific (Hong Kong, Singapore & India), Latin America & Caribbean/North America (Sao Paulo & Miami), Middle East & Africa (Dubai) Maninder brings in-depth domain expertise and a global perspective to the GTPA that will ensure the development of a world-class specialisation in Trade Finance & Supply Chain Finance.

Prominent African and international business executives and investors to explore business opportunities at the Africa Trade and Investment Global Summit (ATIGS); a prestigious biennial conference and exhibition to be held on June 24-26, 2018 in Washington, DC, USA at the Ronald Reagan International Trade Center.

Organized by GAA Exhibitions & Conferences, the 2018 ATIGS edition will gather key economic players from more than 70 countries including government delegations, high-profile African leaders, project developers and international investors on June 24, 25 and 26, 2018 in Washington, DC. Designed to promote and facilitate international trade between Americas, Asia, Europe, United Arab Emirates and Africa, the 3-days event will provide a unique platform to gain strategic knowledge about local investment opportunities and business networking.

Sangeeta Khorana is Professor of Economics at Bournemouth University in the United Kingdom. She has a Ph.D. from the University of St. Gallen and a summa cum laude Masters’ degree from the Berne University in Switzerland.

Xtend2 Limited is an independent multi-sector trade promotion company committed to helping organisations around the world market goods and services beyond their national boundaries.

Established in 2001 by Gerald Lawson-Tancred, Xtend2 Limited prides itself on extensive networks of contacts in a vast range of industry sectors across Europe. Their expert market knowledge combined with their links to international organisations enables them to put their clients in touch with the right people and forge long lasting key business relationships. Their clients include Government Export Agencies, Chambers of Commerce, generic Trade Associations as well as regional government trade agencies from around the world.

U.S. trade policy is roiling markets. At the end of March, the U.S. stock market tumbled 700 points in a single day on news that President Trump would impose tariffs on Chinese exports. A degree of volatility and uncertainty has continued since then as the tariffs continue to make news. Canada, China, Europe, India, and Mexico are all preparing to retaliate.

The committee will provide advice to the ITAC on the development of competency standards, quality control, ongoing professional development and the global issues for the committee’s domain specialisation. This working committee is to provide advice to GTPA on its competency standards related to Risk Analysis and Mitigation.

The news that Australians will be blocked from shopping on Amazon's international websites and restricted to using its smaller local platform, so the e-commerce giant complies with new GST rules on online purchases, although not welcome, has not come as a surprise.

The news that Australians will be blocked from shopping on Amazon's international websites and restricted to using its smaller local platform, so the e-commerce giant complies with new GST rules on online purchases, although not welcome, has not come as a surprise.

The International Chamber of Commerce Banking Commission recently published its authoritative flagship report on trade and trade financing. This year, the report, titled “Global Trade – Securing Future Growth” is in its tenth edition, and includes contributions from WTO Director General Roberto Azevedo, ITC Executive Director Arancha Gonzalez and numerous other influencers and luminaries in the world of trade. John Denton, Secretary General of the ICC and Honorary GTP introduces the report with a Foreword, highlighting the central role of financing in enabling trade. As Denton observes, “ Reliable and cost-effective financing is integral to the global trading system, helping companies to mitigate the risks and costs involved in the international flow of goods. This role makes the trade finance industry particularly sensitive to the politics of world trade…”

With APEC being held in Papua New Guinea in November 2018, the spotlight is on the many commercial opportunities available in PNG.

For the first time ever, AmCham is partnering with the U.S. Commercial Service in Australia and the U.S. Embassy in Port Moresby to assemble a business delegation to Papua New Guinea. Join us this August as we explore major projects spanning infrastructure, tourism, agribusiness, defence, and more. Tahe delegation will be led by Ambassador Catherine Ebert-Gray, U.S. Ambassador to PNG, April Palmerlee, CEO of AmCham Australia, and Doug Wallace, Senior Commercial Officer at the U.S. Consulate in Sydney.

2M Language Services (2M) is one of Australia's leading language service providers. Our experienced team works with large international corporations, exporting SMEs to assist them to increase their national and global reach, increase market share, reduce health & security risks, comply with safety obligations and help them meet their KPIs and grow.

Australian exporters must embrace new digital technology or risk being left behind, a world trade expert has warned.

Ms Lisa McAuley, Executive Director of Global Trade Professionals Alliance (GTPA) said exporters – particularly SMEs – are being “bogged down” by paperwork, bureaucratic red tape and arcane trade restrictions.

This can result in frustrating delays, which can be very costly.

There was a time when customs tariffs accounted for 80% of the Commonwealth Government's revenue. While customs duty revenue may not make the headlines in 2018, there are still a number of interesting customs and trade takeaways from the 2018/19 budget.

Single window

The Government will spend provide $10.5 million to transform and modernise Australia's international trade supply chain to deliver more efficient and secure trade processing – unfortunately this money will not go towards upgrading the ICS, but will be another study on the viability of a single window for international trade documents.

GTPA has developed the only international standard for certifying trade professionals. The Global Trade Professional (GTP) Programme, has been developed under ISO/IEC 17024, for the certification of professional competence in the various global trade disciplines.

GTP certification is based on the candidate demonstrating the fulfilment of a minimum number competence standards.

Dr Michael Gasiorek is a Senior Lecturer in Economics at the University of Sussex as well as the Co-founder and Managing Director of InterAnalysis Ltd since 2009. InterAnalysis is a University spin-out company focussing on development of the TradeSift software, training and consultancy on trade in goods, services and investment with a particular focus on working with and in developing countries.

Are you ready for when Australia's new Country of Origin labelling laws take effect on 1 July 2018? Need to know if your food is a priority food or not? Whether it has been substantially transformed?

Or are you concerned about the impact the ACCC case against Heinz will have on your marketing? The ACCC is currently targeting the health angle when marketing food products... even when such claims are 100% compliant with the Australia New Zealand Food Standards Code.

As an island nation, Australia's past and future prosperity is closely linked to successes in international trade and investment. In the face of increasing protectionist rhetoric worldwide, the role of trade and investment professionals is now crucial more than ever.

If you are an international trade or investment professional, please join us at Austrade on Thursday 3rd May for a dedicated PIT Speed Networking Session.

This will be an opportunity to meet like-minded peers and to share experiences of facilitating trade and investment between Australia and the rest of the world.

Click here to register

“Trade has been a major contributor to economic growth and poverty reduction, but more can be done to make it even more inclusive.” Ms Lisa McAuley CEO of the Global Trade Professionals Alliance (“GTPA”).

“I was delighted to participate on the recent All Party Parliamentary Group for Trade Out of Poverty with ODI (APPG-TOP with ODI), led by Lord Purvis of the UK and Minister Enelamah of Nigeria and supported by the APPG-TOP Secretariat as well as the group of experts representing various Commonwealth countries.”

Long Finance's Distributed Futures research programme is pleased to announce the publication of the report, "The Economic Impact Of Smart Ledgers On World Trade", the latest in a series of exciting projects in the programme. The report, sponsored by the Cardano Foundation, came as a result of the the Worshipful Company of World Traders and the Distributed Futures' interest in quantifying the potential impact of Smart Ledger technology on international trade. Written by Douglas McWilliams, Cristian Niculescu-Marcu, and Beatriz Cruz from the Centre for Economics and Business Research (Cebr), it includes a Foreword by Michael Parsons FCA, Chairman of Cardano Foundation, and a Preface by Professor Michael Mainelli, Executive Chairman of Z/Yen Group.