Finance Minister and Deputy Leader of the Government in the Senate Mathias Cormann
says stronger ties with Germany is well and truly in Australia’s best interests.
Cormann has been using his German-speaking background to help Australia “broaden, deepen and strengthen” its bilateral relationship with Germany.
Three years of work will culminate in the most significant conference between Germany and Australia at the Asia-Pacific Regional Conference at Crown Convention Centre in Perth from November 3 to 5.
A who’s who of both countries’ most influential political leaders – including Prime Minister Malcolm Turnbull and German President Frank-Walter Steinmeier – will lead discussions about the challenges and opportunities in the Asia-Pacific.
Cormann says Australia will soon complete a free trade agreement with the European Union, which will open up more doors for businesses in each country.
“Importantly, the European Union as a block remains our second-largest trading partner and our largest source of foreign direct investment,” Cormann says.
The APRC will bring up to one thousand delegates to Perth to hear from business and political leaders about future opportunities in areas such as mining and resources; industry 4.0; energy; disruptive technologies; defence industries; and how Australia acts as a premier business gateway for the Asia-Pacific region.
Cormann says the Prime Minister's Industry 4.0 Taskforce has enhanced collaboration between Australian and German industry leaders in setting global standards for the next phase of advanced manufacturing.
“We have launched an Innovation Landing Pad in Berlin - a place where Australia's best and brightest entrepreneurs can develop ideas and forge networks bolstering business links and opportunities,” he says.
► Interested in exploring new trade and investment opportunities? Get your tickets to the Asia Pacific Regional Conference here.