{"id":25397,"date":"2024-02-24T06:06:50","date_gmt":"2024-02-24T06:06:50","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=25397"},"modified":"2024-02-24T06:06:50","modified_gmt":"2024-02-24T06:06:50","slug":"australian-support-for-our-regions-trade-and-development","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2024\/02\/24\/australian-support-for-our-regions-trade-and-development\/","title":{"rendered":"Australian support for our region\u2019s trade and development"},"content":{"rendered":"\n<p>Ahead of the 13th World Trade Organization (WTO) Ministerial Conference (MC13), the Australian Government has announced more than $20 million to support our region&#8217;s trade and development needs.<\/p>\n\n\n\n<p>Working with Indo-Pacific partners to build resilience and grow their economies through trade enhances regional stability and prosperity.<\/p>\n\n\n\n<p>The additional funding is consistent with the priorities of Indo-Pacific countries, and will support:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>capacity building in e-commerce and the digital economy<\/li><li>trade financing<\/li><li>enhancing intellectual property systems<\/li><li>and identifying ways trade can bolster national climate adaptation plans.<\/li><\/ul>\n\n\n\n<p>Australia will provide $10.3 million to the Pacific Islands Forum Secretariat Office in Geneva to support its WTO engagement.<\/p>\n\n\n\n<p>We also continue to support Timor-Leste to achieve its aspirations and obligations as a new Member of the WTO, including through our existing $8.6 million (2022-26) package to assist Timor-Leste to meet WTO and ASEAN accession requirements.<\/p>\n\n\n\n<p>Leading sustainable development research organisations in Geneva will also receive $2 million to help developing countries in our region advance their climate and development priorities through trade.<\/p>\n\n\n\n<p><strong>Minister for Foreign Affairs, Senator the Hon Penny Wong said:<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;There is no sustainable long-term economic growth without trade. Being serious about helping our neighbours become more economically resilient means supporting their development as trading nations.&#8221;<\/p><\/blockquote>\n\n\n\n<p><strong>Minister for Trade and Tourism, Senator the Hon Don Farrell said:<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Australia&#8217;s support helps our Indo-Pacific partners to step up their involvement in international economic institutions like the WTO and benefit from the trade opportunities they generate.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Ahead of the 13th World Trade Organization (WTO) Ministerial Conference (MC13), the Australian Government has announced more than $20 million to support our region&#8217;s trade and development needs. Working with Indo-Pacific partners to build resilience and grow their economies through trade enhances regional stability and prosperity. The additional funding is consistent with the priorities of &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2024\/02\/24\/australian-support-for-our-regions-trade-and-development\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australian support for our region\u2019s trade and development&#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":[2],"tags":[],"class_list":["post-25397","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25397","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=25397"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25397\/revisions"}],"predecessor-version":[{"id":25398,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25397\/revisions\/25398"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=25397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=25397"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=25397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}