Trade and Investment Minister Andrew Robb will depart for Singapore today to promote broader economic ties between Singapore and Australia.
Mr Robb’s program includes discussions with Singaporean Government counterparts during the biennial Singapore-Australia Joint Ministerial Committee, as well as a series of events promoting Australian investment opportunities, business and education.
“Singapore is Australia’s fifth largest overall trading partner, one of our biggest sources of foreign direct investment and key partner for us in the Asian region,” Mr Robb said.
Mr Robb will accompany an Australian business delegation visiting key aviation and aerospace sites and take part in discussions with Singapore-based companies aimed at building closer links in the sector.
“Singapore, like Australia, is an important centre for aerospace investment and innovation, presenting real opportunities for collaboration,” Mr Robb said.
“The country’s embrace of ‘disruptive technologies’, such as robotics and 3D printing, will have a big influence on the aviation and aerospace sector but also in biomedical sciences, electronics and precision engineering.
“This is also an important focus for Australia as we promote our own strengths in high-value manufacturing and research.
“While in Singapore, I will be repeating the Government message that Australia is open for business and investment, especially in priority areas such as high-value manufacturing, services, tourism, agribusiness and critical infrastructure including in areas such as Northern Australia.”
- Trade Minister's Office: (02) 6277 7420
- DFAT Media Liaison: (02) 6261 1555