Published: 5 February 2021
Last updated: 4 March 2024
FULL STORY Australia eyes new trade deal with Israel, focusing on cyber security, innovation (SMH)
AUSTRALIA WILL TURN its attention towards clinching a trade agreement with Israel in a deal that would boost innovation, cyber security and defence.
Federal Trade Minister Dan Tehan will prioritise a deal between the two nations in the coming months as negotiations between the governments reach critical stages with the United Kingdom and the European Union.
Mr Tehan said he was keen to work “very quickly this year” on finalising a scoping study for an Israel-Australia free trade agreement by July with the hope to “move to something of more substance by end of the year”.
A similar feasibility study to scope the benefits of beginning trade negotiations with European Free Trade Association countries Iceland, Liechtenstein, Norway and Switzerland will also be undertaken this year.
Photo: Trade Minister Dan Tehan (Alex Ellinghausen)
