Trends Transforming Trade

Lynn Rua is a skilled operational and commercial professional, currently working with a leading trade, logistics and distribution organisation. With 16 years’ experience developing constructive and cost-effective logistics solutions to meet the challenges and obstacles across global import and export activities.

Lynn develops and presents workshops to teach best practice’ processes to maximise efficiency, quality, cost effectiveness and customer service throughout the supply chain. With her Diploma in English-Spanish Interpreting, she has a special interest in building relations and facilitating trade between Australia and Latin America.

Ms. Mona Shrestha Adhikari, PhD is the Executive Director of Enterprise for Management, Economic Reform & Gender Equality (EMERGE) and also works as an independent development consultant. She believes in equitable, inclusive and sustainable socio-economic development and is passionate about women’s empowerment. She has more than 25 years of experience working in the private sector, national and international non-governmental organizations and international organizations.

Dr. Rebecca Harding is an independent economist specialising in trade and trade finance and is CEO of Coriolis Technologies, providing data as a service to the trade finance and banking sectors. She frequently appears on The Ian King Show, Sky News, BBC World and BBC Radio 5 live, Newsnight and Radio 4. She is frequently cited in the Broadsheet press, including recent articles in the Financial Times, Telegraph and CityAM. She advises the Council of the Society of Professional Economists and until February 2017 was the Chief Economist of the British Bankers’ Association.

The GTPA is delighted to announce on behalf of the GTPA the following new members to the global International and Technical Advisory Committee (ITAC) in 2019: Richard Burge from the United Kingdom, Sir Al-Nashir Jamal from Canada and Francis Wong OAM from Australia and Brunei.

The Global Trade Professionals Alliance (GTPA) and our affiliate professional services arm, GTPServices, have had an outstanding first year since our launch at the periphery of the WTO Ministerial in Buenos Aires last December. We have been privileged to attract world-class contributors and community members from around the globe, and to be invited to contribute on a variety of fronts – training and certification, program development, policy, advisory and research among others – across four continents.

The Global Trade Accelerator Program (GTA) is a virtual program enabling Victoria-based exporters and trade professionals to gain market research advice from teams of international university students. The GTPA is pleased to support Practera in the delivery of this brand new initiative for Victorian exporters in 2019.

This unique program is designed to help domestic and international students build real work skills as they help local Victorian exporters research foreign markets and even better there is absolutely no cost to participate as a business!

Join MarketsandMarkets Industry 4.0 Conference: Cybersecurity & Industrial Internet of Things at Chicago, USA to address the recent case studies, roundtable discussions and much more about the need, integration, challenges in space of cybersecurity and industrial automation.

Come & network with your peers to learn from leading experts about cybersecurity and IIOT solutions to make manufacturing smarter. Gain support & access to business, hear about large- & small-scale 4.0 case studies!

Philippa is an innovative and commercially savvy senior executive with demonstrated high-level leadership in Australia and overseas in public policy and governance, international trade, diplomatic relations and business strategy. She has significant experience in developing trade promotion strategies to assist businesses, including start-ups, as they develop international markets across multiple industries as well as extensive experience in working across cultures, leading and developing diverse teams both onshore and offshore. As a specialist in communications and client engagement, economic development and international trade, she is passionate about bringing prosperity to business via deep insight into emerging issues in the global economy.

Standards Australia is Australia's national standards body. We represent Australia to the ISO & IEC and to this effect remain committed to developing and maintaining standards that meet current dynamics & ensure net benefit to the Australian community.

The Global Trade Professionals Alliance (GTPA) intends to submit a project proposal to Standards Australia for an International Participation case for Australian participation on an ISO Project Committee: PC 308 – Chain of Custody and is seeking relevant industry and stakeholder support for the proposal.

In advance of International Women’s Day on the 8th March, the GTPA is pleased to launch today a new campaign to shine a light on the women who rock international trade. Our first leader is our very own Collins Rex.

Collins is passionate about seeing small business do better business and do it on the global stage!
To this end, she’s been responsible for the development and delivery of training courses across a range of topics, including export readiness, pitching/presentation & Free Trade Agreements workshops. Her international trade knowledge and skills have been honed over many years, as evidenced by her managing and delivering a number of major trade-related projects.

In advance of International Women’s Day on the 8th March, the GTPA is pleased to launch today a new campaign to shine a light on the women who rock international trade.

SMEs are the backbone of most economies and women business owners are also crucial to economic growth.

The rapid pace and scale of technological change and global flows of information, among other forces, are disrupting labour markets and fundamentally altering the future of work.

While these shifts may create economic growth, new jobs and flexible work, they may also lead to the automation and consequent disappearance of routine, manual roles.

“The GTPA congratulations the 76 WTO members committed to establishing eCommerce rules. The rapid pace and scale of technological change and global flows of information, among other forces, are disrupting labour markets and fundamentally altering the future of work. While these shifts may create economic growth, new jobs and flexible work, they may also lead to the automation and consequent disappearance of routine, manual roles,” said Lisa McAuley, CEO of the Global Trade Professionals Alliance (GTPA).

Technological advancements, despite the disruption, also create opportunities for expansion into global markets for sectors of the population excluded from more traditional trade mechanisms. The ability to seize these opportunities and manage potential obstacles, however, is not evenly distributed.

Free trade was under fire before the Brexit vote and the 2016 American presidential election. Non-tariff barriers were already on the rise in the years following the global financial crisis and contributed to growth in global trade flows falling behind that of global GDP growth for only the second time in more than two decades. There were some bright spots, including the completion of large-scale bilateral and regional free trade agreements, but those were also a further sign of the WTO’s diminished capability to function as a forum for advancing multilateral trade liberalisation. The new threats to trade arising from rising populism and disruptive technologies are, in other words, accelerating existing trends and seeding new ones.

Trade is at the heart of the geopolitical tensions between America and China, an issue that is dominating international headlines. In the meantime, technology is disrupting trade like never before, making processes more efficient and inclusive. And many regional and bilateral trade agreements are advancing.

The Asia Trade Summit will address these topics, and more, and give the audience a complete assessment of trade-related developments in the region.

If you’d like the answer to these questions and inside tips on how to do business globally tune in to The Airport Economist TV series on Your Money 95 Free to Air Foxtel Channel 601 and Qantas and LATAM Airlines or at:

www.theairporteconomist.com

or tune into the brand new Airport Economist podcast at Podcast One:

https://www.podcastone.com.au/pd/The-Airport-Economist

The Global Trade Professionals Alliance (GTPA) and our affiliate professional services arm, GTPServices, have had an outstanding first year since our launch at the periphery of the WTO Ministerial in Buenos Aires last December. We have been privileged to attract world-class contributors and community members from around the globe, and to be invited to contribute on a variety of fronts – training and certification, program development, policy, advisory and research among others – across four continents.

“Mwana, it is just too much! My small team of textile and clothing workers can’t keep up with all the standards the EU and other countries are demanding – how can a small business like ours, export and be profitable?” exclaims a frustrated Flora Banda who heads up a small cotton textile exporting business in Lusaka, Zambia, employing sixteen women workers.

This week the GTPA was delighted to partner with the EIF Initiative and DHL on a session focussed on building skills for the digital economy through education, interaction & advocacy as part of Africa Ecommerce Week in Nairobi, Kenya.

This interactive session with representatives from across Africa, with voices from the private sector, government and industry, produced a lively discussion on key issues, from addressing trade opportunities to the concerns around Africa engaging in the digital economy.

The GTPA is delighted to partner with the EIF Programme on a session focussed on building skills for the digital economy through education, interaction & advocacy as part of Africa eCommerce Week.

The Africa eCommerce Week will be jointly organized with the African Union and the European Union. The event is hosted by the Government of Kenya and implemented in collaboration with partners of the ‘eTrade for All’ initiative.

Craig Weeks is an independent consultant for organizations needing Trade Finance and other Transaction Banking expertise. Craig is currently contracted to work for IFC/World Bank as a Trade Finance SME for FIG Advisory assignments in Latin America.

Trade has always been shaped by technological innovation. In recent times, a new technology, Blockchain, has been greeted by many as the next big game-changer. Can Blockchain revolutionize international trade?

The publication introduces the technology with a basic explanation of how, as a tamper-proof, decentralized record of transactions, it allows participants to collaborate and build trust with each other. It describes different classifications of Blockchains and their current and possible applications in the various areas covered by WTO rules. In doing so, it provides an insight into the extent to which this technology could help with trade facilitation, including how it can hasten the transition to paperless trade transactions. It considers Blockchain's potential and limits in transforming services by looking at payment systems, insurance and the automation of contracts. The publication also discusses how Blockchain could help ease the administration of intellectual property rights and enhance government procurement processes.

The rapid pace and scale of technological change and global flows of information, among other forces, are disrupting labour markets and fundamentally altering the future of work. While these shifts may create economic growth, new jobs and flexible work, they may also lead to the automation and consequent disappearance of routine, manual roles.

Technological advancements, despite the disruption, also create opportunities for expansion into global markets for sectors of the population excluded from more traditional trade mechanisms.

Roberto Azevedo, Director General of the World Trade Organization (WTO) and John W.H. Denton AO, Secretary General of the International Chamber of Commerce launched the Global Dialogue on Trade at the World Bank and International Monetary Fund annual meetings in Bali, Indonesia on 10 October 2018.

Thoughtful, fact-based and informed dialogue on trade is fundamental to assuring a robust and more inclusive model for trade around the world, as well as to demonstrably contributing to peace and security through engagement and mutual prosperity. Leadership today requires vision and courage, and the integrity to do more than pander to narrow interests and narrow views of the world.

The Economist recently ran a gratifying headline for any Australian – Aussie Rules! What the rest of the world can learn from Australia. We’ve been growing or 27 years without a recession. While commodities exports and decent long term economic policy matters, the report also highlighted Australia’s internationalised human capital system at the forefront of this performance.

The GTPA has been on the road the last couple of weeks. Our first stop was in Argentina for meetings with local associations representing the needs of importers and exporters as well as catching up with potential university partners. We were delighted to be able to catch up again with the Australian Ambassador, the Hon Noel Campbell and others at the Australian embassy.

GTPA is delighted to support the Global Trade Accelerator (GTA) Program for NSW exporters this November (program dates Monday, 26 November 2018 to Friday, 7 December 2018).

The Global Trade Accelerator Program (GTA) is a virtual program enabling NSW based exporters and trade professionals to gain market research advice from teams of international university students and supported by the ECA and City of Sydney as well as the NSW Government.

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.