RAY TRADE

Last week, local and international guests across government and industry came together at the The Australian Financial Review Asia Summit to explore how Asia is transforming Australia’s future through geopolitical competition, economic growth, and technological and social change.💡🌐 Among the speakers was Minister for Foreign Affairs, Penny Wong, who delivered the keynote speech, emphasising the importance of successful partnerships to withstand the region’s challenges and capitalise on opportunities. Austrade acting Deputy CEO Peter Horn shared his insights on a panel examining whether Australia is punching below its economic weight in Asia. Peter also highlighted the need for greater economic engagement with Southeast Asia. “In terms of Australia’s stock of outward investment, Southeast Asia accounts for 3.4% of that. But if you look at global flows of capital into Southeast Asia, it’s running at about 7%. So either, in Australia, we are not seeing the same opportunity set or for some reason we’re not able to take advantage of it.” Australian Trade and Investment Commission (Austrade) is leading multiple programs to help Aussie businesses do just that, including: - The Australia #SoutheastAsia Business Exchange program, which aims to increase two-way trade between Australia and Southeast Asia. - #LandingPads in Indonesia, Vietnam, and Singapore to help Australian export-ready tech scaleups enter new markets. - Southeast Asia Investment #DealTeams, who are working to increase investment into the region. - Simplified Trade System reforms to simplify cross-border regulations and improve digital systems, including making it easy access to trade information. Explore how Austrade is connecting Australian investors with opportunities across the region: https://ow.ly/zP4Z50TjGuV

#Hungary stands out in the Electronic Components sector with the highest investment of $10.55bn. #Egypt leads in the Chemicals sector with $9.68bn. #Poland has significant investment in Metals and Semiconductors, with $3.33bn and $4.6bn, respectively. Other Industries category has the highest combined investment with $5.92bn. #FDI #Trade #Investment #Manufacturing #CEE #Europe #RAY #TRADE

Banks are being forced to adapt to lower demand for traditional commodity finance facilities, amid an increasingly challenging operating environment and a threat to profitability, industry insiders say.

𝐈𝐧𝐝𝐢𝐚 𝐚𝐧𝐝 𝐄𝐅𝐓𝐀 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 𝐨𝐟 𝐒𝐰𝐢𝐭𝐳𝐞𝐫𝐥𝐚𝐧𝐝, 𝐍𝐨𝐫𝐰𝐚𝐲, 𝐈𝐜𝐞𝐥𝐚𝐧𝐝 𝐚𝐧𝐝 𝐋𝐞𝐢𝐜𝐡𝐭𝐞𝐧𝐬𝐭𝐞𝐢𝐧 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐄𝐅𝐓𝐀 𝐓𝐫𝐚𝐝𝐞 𝐚𝐧𝐝 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 (𝐓𝐄𝐏𝐀) 𝐓𝐨𝐝𝐚𝐲 The landmark agreement between India and EFTA is set to bring significant economic benefits, such as better integrated and more resilient supply chains, new opportunities for businesses and individuals on both sides leading to increased trade and investment flows, job creation, and economic growth. The agreement enhances market access and simplifies customs procedures making it easier for Indian and EFTA businesses to expand their operations in the respective markets. The agreement further aims to facilitate and promote investment opportunities between the Parties. The signature of this agreement marks a significant milestone in the relationships between the EFTA States and India. It reflects the culmination of dedicated efforts to foster a deeper economic partnership, underscoring the importance of dialogue, cooperation, and mutual understanding. Federal Department of Economic Affairs, Education and Research EAER | SECO Economic Cooperation and Development | Piyush Goyal (मोदी का परिवार) | EFTA | Helene Budliger Artieda | Markus Schlagenhof | Switzerland Global Enterprise | Swiss Business Hub India | Swissnex in India, Consulate General of Switzerland | Swiss-Indian Chamber of Commerce | Invest India

The fDi Intelligence data indicates that CEE countries and North Africa are becoming increasingly important destinations for foreign capital flows aimed at serving Western European markets, driven by their proximity, market potential, cost advantages, and investment incentives. #fDi #markets #CEE #northafrica

💼 Business Operations Advisory Services: We offer support and guidance in the operational aspects of running a business, including business set-up and operation support in Poland and Bangladesh. 🌍 B2B Meetings and Expansion Support: We help arrange B2B meetings across emerging markets in Europe and Asia, facilitating business growth and expansion opportunities. 💡 Creating Value Through Sustainable Business: We aim to collaborate with you to create long-term value for your business by focusing on sustainable practices and growth strategies. #ray #trade #investment #expansion #company #formation #consulting #business

🏢 Company Formation & Management Consulting: We assist companies with their business entry strategy development and provide market-based advisory services. 📋 Pre-Entry Strategy Advisory Services: We offer guidance and support in the development of a pre-entry strategy, ensuring a smoother entry into new markets. 🚀 Start-up & Regulatory Advisory Services: We provide advice and assistance in navigating the start-up process and complying with regulatory requirements. 🎯 Tailor-Made Services: Our services are customized to meet the specific needs and goals of each client, ensuring the best possible outcomes. #trade #investment #crossborder #company #formation #consulting #business

🔚 Last day in Madrid! Today, Trade Promotion Europe held the second and last meeting of this year's Fall General Assembly. ✅ We had the honour of having Xiana Méndez, Spanish Secretary of State from the Ministry of Economy, Trade and Enterprise open the meeting. TPE held the statutory meeting, which included voting for the membership of Polish Investment and Trade Agency (PAIH) and INFO Región de Murcia as new members of Trade Promotion Europe. Welcome on board! During the meeting, we reviewed the budget, the activities carried out in the last six months, the Committees' activities, the Manifesto and the proposed priorities for 2024. Thank you to the Board, the members who joined us, and once again to ICEX for hosting us! See you next time in Brussels! Wallonia Export & Investment Agency hub.brussels Flanders Investment & Trade (FIT) Bulgarian Small and Medium Enterprise Promotion Agency EASi ja KredExi ühendasutus Business France Hopscotch Sopexa Germany Trade & Invest Enterprise Greece SA HEPA Hungarian Export Promotion Agency Enterprise Ireland ITA - Italian Trade Agency Innovation Agency Lithuania TradeMalta Malta Food Agency Netherlands Enterprise Agency (RVO) Polish Investment and Trade Agency (PAIH) aicep Portugal Global SPIRIT Slovenia Business Development Agency ACCIÓ Basque Trade & Investment / Agencia Vasca de Internacionalización Federación Española de Industrias de Alimentación y Bebidas Switzerland Global Enterprise INFO Región de Murcia

If you are a small business looking to export, you need to learn about these two digital tools: 1⃣ globaltradehelpdesk.org 2⃣ trade4msmes.org Join our open webinar to make your export plan a reality: https://bit.ly/3sSas4c

🌍 The Global Gateway Forum was inaugurated by European Commission President Ursula von der Leyen. 🗣 Distinguished speakers from Africa, Latin America, the Caribbean, and Asia participated in the forum. #GlobalGateway #Forum #Africa #LatinAmerica #Caribbean #Asia #Trade #promotion #Europe #SMEs #exports #development #European #networking