Department of Foreign Affairs and Trade
Minister for Trade, Tourism and Investment Dan Tehan will travel to Singapore, Vietnam, Republic of Korea, Japan and the United States of America to strengthen Australia’s trading relationships and promote investment in Australia.
These countries are significant bilateral partners, representing around a quarter of Australia’s exports of goods and services. Mr Tehan’s itinerary will include:
The third Ministerial Economic Dialogue (Tokyo)
Meetings with his ministerial and trade counterparts including:
Singapore Minister for Trade and Industry Gan Kim Yong
Vietnam Minister for Industry and Trade H.E. Nguyen Hong Dien, and Minister for Planning and Investment H.E. Nguyen Chi Dung
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Beijing: China on Wednesday sharply reacted to a trilateral initiative by the trade ministers of India, Japan and Australia to launch the Supply Chain Resilience Initiative (SCRI), saying shifting of industrial chains is against economic laws and disrupts global supply chains.
Australia’s Minister for Trade, Tourism and Investment Dan Tehan, India’s Commerce and Industry Minister Piyush Goyal and Japan’s Minister for Economy, Trade and Industry Kajiyama Hiroshi virtually launched the SCRI, which media reports described as an initiative to counter China’s dominance on international trade.
The SCRI seeks to enhance the resilience of supply chains in the Indo-Pacific region and develop dependable sources of supply and attract investment.
2021/01/26 17:39 The world s automotive industry is facing a semiconductor shortage The world s automotive industry is facing a semiconductor shortage (Wikimedia Commons photo) TAIPEI (Taiwan News) Japan’s Minister of Economy, Trade and Industry Kajiyama Hiroshi has contacted the Taiwan government and asked its semiconductor producers to increase output, reports said Tuesday (Jan. 26). Direct interaction between the governments of the two countries is rare as they do not maintain official diplomatic relations, while China disapproves of such contacts. However, as the Japanese car industry is facing a shortage of semiconductors, Kajiyama told a news conference Tuesday he had asked the Taiwanese authorities for assistance, CNA reported.