{"id":13213,"date":"2021-10-02T04:45:06","date_gmt":"2021-10-02T04:45:06","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=13213"},"modified":"2021-10-02T04:45:06","modified_gmt":"2021-10-02T04:45:06","slug":"nsws-first-trade-statement-maps-way-for-global-success","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2021\/10\/02\/nsws-first-trade-statement-maps-way-for-global-success\/","title":{"rendered":"NSW's first trade statement maps way for global success"},"content":{"rendered":"

The NSW Government has today released the first ever\u00a0NSW Trade Statement<\/em>, a bold plan to transform the State\u2019s exports and trading performance on the world stage, create jobs and support economic recovery.
\nDeputy Premier and Minister for Regional NSW, Industry and Trade, John Barilaro said the\u00a0NSW Trade Statement\u00a0<\/em>puts trade at the top of the agenda giving a clear direction on future support for NSW business, creating more and better jobs for NSW.
\n\u201cToday marks a significant step forward for our State, with the\u00a0NSW Trade Statement<\/em>\u00a0outlining a vision that will ensure economic growth and prosperity into the future,\u201d Mr Barilaro said.
\n\u201cDespite the challenges of the past few years and COVID-19 changing global trade patterns, the demand for NSW products and services continues to grow.
\n\u201cExports make up 15 per cent of the NSW economy, worth $96 billion, and we are setting ourselves an ambitious target to double that to $200 billion by 2031.
\n\u201cAs we move forward with our roadmap to freedom, there has never been a more important time to advance our industries and give NSW businesses the support and connections they need to succeed beyond our borders, boost jobs and establish our State as the nation\u2019s premier exporting hub.\u201d
\n<\/a><\/a>Treasurer Dominic Perrottet said the NSW economy was the nation\u2019s engine room, with exports today supporting one in five jobs in Australia.
\n\u201cThe\u00a0NSW Trade Statement<\/em>\u00a0responds to challenges identified for our State and also details how we\u2019ll double exports in the next ten years, with the first milestone anticipated to be reaching $130 billion in exports by 2024,\u201d Mr Perrottet said.
\n\u201cWork is already well underway in delivering the actions set out in the\u00a0NSW Trade Statement<\/em>, including the appointment of six global Commissioners to facilitate new export growth opportunities and open doors for NSW businesses overseas.
\n\u201cWe\u2019re also increasing our NSW overseas trade presence from 21 to 55 specialists in more than 21 high potential locations, to give businesses access to the local connections and networks for success.\u201d
\nCo-chair of the Trade and Industry Advisory Committee (TIAC) Margaret Jack AM said the\u00a0NSW Trade Statement<\/em>\u00a0will help boost NSW\u2019s economy following the impacts of COVID-19.
\n\u201cOur world is experiencing rapid economic, social and geopolitical changes and to thrive in a COVID-19 resilient world, we must understand and adapt to the key challenges and opportunities that exporting has to offer,\u201d Ms Jack said.
\nThe\u00a0NSW Trade Statement<\/em>\u00a0outlines strategies to expand NSW exports including:<\/p>\n

    \n
  1. increasing the number of exporting businesses from NSW, particularly small and medium-sized enterprises (SMEs);<\/li>\n
  2. exporting a more diverse range of goods, services and technologies, reflecting the true breadth and depth of NSW’s world leading capabilities;<\/li>\n
  3. not only growing exports in established markets, but also increasing the number of overseas markets that we export to; and<\/li>\n
  4. building new pathways like ecommerce for how we export to reach a global customer base of billions of consumers.<\/li>\n<\/ol>\n

    Mr Barilaro said the\u00a0NSW Trade Statement\u00a0<\/em>gives clear direction on how government will assist exporters to harness new global market opportunities.
    \n\u201cThis is an ambitious challenge, but NSW has never settled for ordinary,\u201d Mr Barilaro said.
    \n\u201cFrom our north to our south, east to west, I want everyone to maximise their potential and this\u00a0NSW Trade Statement<\/em>\u00a0is our guide to get there.\u201d
    \nTo view the NSW Trade Statement, please visit:\u00a0    https:\/\/investment.nsw.gov.au\/nswtradestatement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

    The NSW Government has today released the first ever\u00a0NSW Trade Statement, a bold plan to transform the State\u2019s exports and trading performance on the world stage, create jobs and support economic recovery. Deputy Premier and Minister for Regional NSW, Industry and Trade, John Barilaro said the\u00a0NSW Trade Statement\u00a0puts trade at the top of the agenda … Continue reading “NSW's first trade statement maps way for global success”<\/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-13213","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\/13213","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=13213"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/13213\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=13213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=13213"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=13213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}