Minister for Trade and Tourism Senator the Hon Don Farrell and Assistant Minister for Trade Senator the Hon Tim Ayres will journey to Geneva to steer Australia’s delegation to the twelfth World Trade Organization (WTO) Ministerial Conference (MC12), from 12 to fifteen June.
Prior to this, Assistant Minister Ayres is main Australia’s delegation to the annual OECD Ministerial Council Meeting in Paris on 9 and 10 June.
At these conferences, Minister Farrell and Assistant Minister Ayres will advocate outcomes that advance Australia’s nationwide pursuits, bolster the rules-based multilateral buying and selling system, and ship enterprise alternatives for Australian producers and repair suppliers.
Minister Farrell mentioned Australia will work to attain outcomes that help governments coping with the challenges posed by COVID-19 and Russia’s unlawful invasion of Ukraine, together with in areas resembling entry to vaccines and different medical merchandise, the promotion of digital trade and meals safety.
“We will also seek to tackle important longer-term challenges, including by agreeing new rules to limit subsidies that undermine fish stocks, and reinvigorating discussions to reform global agriculture markets,” Minister Farrell mentioned.
At the OECD Ministerial Council Meeting, Assistant Minister Ayres will talk about Australia’s new local weather change ambitions, the impacts of Russia’s unlawful invasion of Ukraine on global meals and vitality safety, and the significance of free and open trade in the global financial restoration from COVID-19.
“In Paris, I will convene a meeting of key WTO Ministers which I will use to press for a package that will address the challenges facing the global trading system, including a response to the pandemic,” Assistant Minister Ayres mentioned.
Following the 23 May launch of the Indo-Pacific Economic Framework (IPEF), Assistant Minister Ayres will even meet with counterparts from different IPEF members to debate subsequent steps.
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