Story image

Australia strengthens ties with 10 Asian countries to boost digital trade

20 Mar 2018

Australia’s Government has announced big plans to boost digital trade and support across Australia and countries in Southeast Asia (ASEAN).

The Government has launched a joint initiative with ten countries of ASEAN to support inclusive economic across the region, in particular digital trade.

The ASEAN-Australia Digital Trade Standards Initiative provides a framework to support the development, adoption and use of international digital trade standards, the Minister for Jobs and Innovation Senator for Western Australia Michaelia Cash said in a joint statement with MP Steven Ciobo.

Ciobo is the Minister for Trade, Tourism and Investment. The duo says harmonised international standards applied across the region will reduce the costs for Australian business when exporting and importing products and services.

Ultimately, this means local companies in Australia have better access to other ecosystems across the region which is home to over 600 million consumers.

The ASEAN e-commerce market is set to outpace global counterparts, forecasted to grow above 5.4% each year for the next decade.

Motivating the initiative, this growth offers value to Australian businesses looking to sell their products and services online.

Cash and Ciobo say international standards that enable digital trade will remove barriers that prevent businesses from accessing regional markets and create new opportunities for jobs and growth.

“It will help share the benefits of a more inclusive digital economy,” the duo adds.

“This initiative complements ASEAN’s existing digital economy agenda and builds on Australia and ASEAN’s long history of standards cooperation to promote regional economic integration and inclusive economic growth."

Check Point announces integration with Microsoft Azure
The integration of Check Point’s advanced policy enforcement capabilities with Microsoft AIP’s file classification and protection features enables enterprises to keep their business data and IP secure, irrespective of how it is shared. 
Why AI will be procurement’s greatest ally
"AI can help identify emerging suppliers, technologies and products in specific categories."
Are AI assistants teaching girls to be servants?
Have you ever interacted with a virtual assistant that has a female-based voice or look, and wondered whether there are implicitly harmful gender biases built into its code?
Google 'will do better' after G Suite passwords exposed since 2005
Fourteen years is a long time for sensitive information like usernames and passwords to be sitting ducks, unencrypted and at risk of theft and corruption.
Hackbusters! Reviewing 90 days of cybersecurity incident response cases
While there are occasionally very advanced new threats, these are massively outnumbered by common-or-garden email fraud, ransomware attacks and well-worn old exploits.
Data#3 to exclusively provide MS licences to WA Government
The technology services provider has won two contracts with the Western Australia Government, becoming its sole Microsoft licence provider.
Why cash is no longer king in Australia
Australia is leading the way in APAC for granting credit on B2B transactions.
Informatics deepens integration with Google Cloud
The data management company has connected its solutions with Google Cloud’s big data analytics solutions.