BUSINESS DELEGATION TO INDONESIA WITH ABBOTT 'GREAT START'

Written on the 1 October 2013

BUSINESS DELEGATION TO INDONESIA WITH ABBOTT 'GREAT START'

TONY Abbott’s inclusion of business representatives in his first visit as Prime Minister to Indonesia endorses an economic action plan released by the Business Council of Australia (BCA) before the election, says its president.

Jennifer Westacott says the plan calls for a focus on relations with our northern neighbours, including the establishment of high-level CEO dialogue.

“And this trip gets us off to a great start,” says Westacott.

She joined Abbott and senior Coalition ministers as part of an Australian Business Delegation which met with Indonesian counterparts to discuss strengthening the two-way economic relationship.

“Nothing could send a clearer message that Australia is open for business and looking for trade and investment opportunities than the Prime Minister taking such a senior business delegation on his first overseas trip as leader, within two weeks of winning the election.

“Including Australian business leaders in the trip shows we are serious about stronger trade and investment with Indonesia, and that we understand the huge opportunities for both countries from closer engagement and cooperation.

"With Indonesia on track to be in the world’s 10 biggest economies by 2025, adding 90 million new consumers by 2030, there are immense opportunities for Australia in financial services, health, agriculture, resources, infrastructure, and telecommunications.”

Westacott outlines four goals she hopes the trip will help achieve:

Completing the Comprehensive Economic Partnership Agreement;

Establishing a CEO roundtable for business leaders to identify economic opportunities;

Welcoming higher levels of Indonesian investment in Australia, including in agriculture; and

Using the new Colombo Plan to boost Indonesian capability in Australia, and Australian capability in Indonesia.

“We welcome the Prime Minister’s commitment to including business delegations on future overseas visits.

“Nothing could better reinforce the message that Australia is serious about boosting trade and investment,” she says.


Latest News

CAIRNS COUPLE DIVE INTO THE SHARK TANK AND CONVINCE FELLOW 'BOATIE' GLEN RICHARDS TO WORK WITH THEM

THEY'RE a husband and wife team with an invention that can help save the Great Barrier Reef, and lives, and Pe...

AFTERPAY MERGER WITH TOUCHCORP GIVEN THE GO-AHEAD BY FEDERAL COURT

AFTERPAY Holdings Limited (ASX: AFY) has been given the green light by the Federal Court for its merger with Touch...

MEGAPORT TARGETS GLOBAL EXPANSION WITH $27.8M CAPITAL RAISING

MEGAPORT Limited (ASX: MP1) will complete a $27.8 million capital raising to assist in expanding the group's plat...

SCA PROPERTY GROUP BUYS THIRD GOLD COAST SHOPPING CENTRE FOR $46 MILLION

SCA Property Group has acquired the Worongary Town Centre for $46.3 million, bringing the total number of Gold Coa...

Related News

CAIRNS COUPLE DIVE INTO THE SHARK TANK AND CONVINCE FELLOW 'BOATIE' GLEN RICHARDS TO WORK WITH THEM

THEY'RE a husband and wife team with an invention that can help save the Great Barrier Reef, and lives, and Pe...

DOWNER EDI GRABS MORE THAN 50 PER CENT STAKE IN HOSTILE TAKEOVER TARGET SPOTLESS

DOWNER EDI Limited (ASX: DOW) now holds more than 50 per cent of Spotless Group Holdings Limited's (ASX: SPO) sha...

STRUGGLING TEN NETWORK IS 'CASH POSITIVE' AND CAN BE SAVED, ADMINISTRATOR SAYS

THE ADMINISTRATORS of the Ten Network say the struggling broadcaster has cash to continue operating and have also ind...

METCASH NET PROFIT FALLS 20 PER CENT, ANNOUNCES CEO WILL STEP DOWN IN 2018

FOOD and grocery giant Metcash has announced its full year net profit has fallen more than 20 per cent and its CEO Ia...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter