Summer 2018 Update

The new Victorian Government Trade and Investment office in Santiago, Chile; launch of Latam’s direct flight between Melbourne and Santiago and the negotiation of Free Trade Agreements (FTA) with Peru as well as the Pacific Alliance have paved the way for enhanced trade and investment ties between Victoria and Latin America.

 

In 2018, Victoria’s Minister for Trade and Investment will release the government’s Latin America Trade and Investment Strategy, which will outline the key markets and priority sectors that align with Victoria's capabilities.

Opportunities for Victoria:

  • Our enhanced presence on the ground will help Victorian businesses gain market intelligence and enter or expand their trade activity with Latin America through the office’s key relationships with the businesses sector and governments in-market.
  • Improved air links will drive increased two-way travel by businesspeople, tourists and students as well as family and friends.
  • The rapid conclusion of the Australia-Peru FTA negotiations will facilitate market access for Victoria's METS, infrastructure and Agtech companies as well as food and beverage exporters. Plans to conclude negotiations of the Australia-Pacific Alliance FTA in 2018 will multiply these opportunities with key markets that are open for business.

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