Robb to promote Australia's G20 trade and investment agenda at World Economic Forum

Media release

22 January 2014

The Minister for Trade and Investment, Andrew Robb MP, will actively promote Australia's G20 agenda during a visit this week to the World Economic Forum (WEF) in Switzerland.

Trade and investment have been identified by Prime Minister Tony Abbott as key themes that Australia will look to advance as we Chair and host the G20 later this year.

Mr Robb said he would use his participation at the WEF to promote Australia's G20 trade and investment agenda at every opportunity with counterparts and business leaders.

"In many parts of the world I have strongly detected disillusionment with the interventionist policies post the global financial crisis and a renewed appetite to pursue trade and investment as a sustainable driver of growth and jobs," Mr Robb said.

Mr Robb will attend a Trade Ministers' meeting which will seek to further advance the multilateral trade agenda following the successful World Trade Organisation (WTO) meeting in Bali in December.

"As part of our G20 trade focus, we will need to consider how to best gain maximum value from multi-lateral negotiations post Bali," Mr Robb said.

"As well, I will certainly be urging G20 members to identify specific actions they can take at home to help ease the cost of doing business, including with regard to trading across borders."

These and other issues will be further addressed at a T20 Trade Ministers meeting scheduled for July in Sydney, as a prelude to the G20 meeting.

Mr Robb will also have bilateral meetings with counterparts from the United States, European Union, Indonesia, Japan, India and Hong Kong while in Switzerland.

"My attendance at the WEF will also provide a valuable opportunity to meet with senior business leaders from the international investment and trade community, and to promote Australia's many strengths as an attractive investment destination," Mr Robb said.

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