Week 7: Austrade Flashcards
1
Q
What is Austrade?
A
- Australia’s trade, investment and education promotion agency
- Established under the Australian Trade Commission Act 1985
- Has a network of office in 50+ countries
2
Q
Aims:
A
- Assist Australian companies grow their international business
- Attract productive FDI into Australia
- Promote Australia’s education sector internationally
3
Q
Services Provided for Australian Companies
A
- Info / advice on doing business in international markets
- Help with international market selection
- Identification of relevant international contacts
- Assistance with market entry / expansion
- Identification / follow up of specific international business opportunities
4
Q
Services Provided for International Investors
A
- Initial coordination of investment enquiries / assistance
- Info on Australian business / regulatory environment
- Market intelligence / investment opportunities
- Identification of suitable investment locations / partners in Australia
- Advice on Australia government programs and approval processes
5
Q
What is EMDG?
A
- Australian governments financial assistance program for aspiring / current exporters
- Supports SMEs in developing their export markets by reimbursing up to 50% on eligible export promotion
6
Q
Eligibility for EMDG
A
- Income of
7
Q
Eligible Export Promotional Expenses
A
- Overseas representatives
- Marketing consultants
- Market visits
- Communications
- Free samples
- Trade fairs, seminars and in-store promotions
- Promotional literature and advertising
- Overseas buyer
- Registration and/or insurance of eligible intellectual property
