{"id":11881,"date":"2021-06-22T19:18:52","date_gmt":"2021-06-22T19:18:52","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=11881"},"modified":"2021-06-22T19:18:52","modified_gmt":"2021-06-22T19:18:52","slug":"budget-to-bolster-nsws-global-footprint","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2021\/06\/22\/budget-to-bolster-nsws-global-footprint\/","title":{"rendered":"Budget to bolster NSW&#039;s global footprint"},"content":{"rendered":"<p>The NSW Government is delivering a record investment in trade and industry to support NSW businesses through the economic recovery and to expand the state\u2019s international export opportunities.<br \/>\nDeputy Premier and Minister for Industry and Trade John Barilaro said the 2021-22 NSW Budget of $261.4 million over four years will double the footprint of NSW\u2019s international network and support our businesses here and overseas.<br \/>\n\u201cWith the upcoming appointments of an Agent General in London and five NSW Senior Trade and Investment Commissioners in Tokyo, New York, Mumbai, Singapore and China, NSW exporters have never been so well represented,\u201d Mr Barilaro said.<br \/>\n\u201cWe have already opened offices in new markets, including in Vietnam and Singapore, with a plan to expand to 21 global offices including Indonesia and the EU in the coming months.<br \/>\n\u201cWe kicked off our\u00a0<em>Going Global<\/em>\u00a0export program last year and are investing a further $6.4 million over four years to keep it rolling to help more businesses from across the state engage in new international markets.<br \/>\n\u201cThis supports our exporters with access to further markets and is fostering post-pandemic resilience, crucial to long term economic recovery.\u201d<br \/>\nThis year the\u00a0<em>Going Global<\/em>\u00a0export program has supported more than 150 businesses with free export coaching, tailored workshops, business matching and introductions to new international customers, helping local companies make the step up to the global stage.<br \/>\n\u201cThis assistance is being delivered through our team of export specialists here in NSW and on-the-ground across nine countries through our dedicated international network,\u201d Mr Barilaro said.<br \/>\n\u201cIt has meant that NSW companies have been able to participate in trade shows overseas and have one-on-one business meetings with new international buyers and distributers, despite COVID-19 restrictions.<br \/>\n\u201cOur focus is to position NSW at the very centre of the global stage to support industry growth and create export opportunities for regional, small and medium sized businesses.\u201d<br \/>\nMr Barilaro said that international students and the revitalisation of the international education sector will be a key part of the state\u2019s post-pandemic economy.<br \/>\n\u201cWe are investing $19.1 million over four years to support our largest services export sector to ensure that NSW remains a premier destination for international students, improving student experiences and linking our international students to our agriculture industry, internship and sports programs,\u201d Mr Barilaro said.<br \/>\nHighlights from the 2021-22 Trade and Industry Budget to be delivered over the next four years, include:<\/p>\n<ul>\n<li>$128.9 million to expand NSW\u2019s international network<\/li>\n<li>$45 million overall to support NSW exporters through trade programs, including:\n<ul>\n<li>$19.1 million to support international students<\/li>\n<li>$6.4 million for the Going Global Export Program<\/li>\n<li>$4.8 million to support skilled migration<\/li>\n<\/ul>\n<\/li>\n<li>$87.5 million for targeted industry development programs, including:\n<ul>\n<li>advanced manufacturing in target industries such as space and medical technologies and the food and beverage sectors<\/li>\n<li>advanced technologies and their applications across industries such as the cyber, fintech, regtech and agtech sectors<\/li>\n<li>the defence industry<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The NSW Government is delivering a record investment in trade and industry to support NSW businesses through the economic recovery and to expand the state\u2019s international export opportunities. Deputy Premier and Minister for Industry and Trade John Barilaro said the 2021-22 NSW Budget of $261.4 million over four years will double the footprint of NSW\u2019s &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2021\/06\/22\/budget-to-bolster-nsws-global-footprint\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Budget to bolster NSW&#039;s global footprint&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11881","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/11881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=11881"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/11881\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=11881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=11881"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=11881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}