- Ministerial Council on Trade and Investment (MCTI) to drive collaboration between State jurisdictions
- First MCTI meeting of 2024 to be held in Perth after previous meetings in Queensland and New South Wales
- MCTI focus on national collaboration across investment and trade priority areas
Western Australia will have an opportunity to showcase its trade and investment ecosystem to leaders from across the nation with the Ministerial Council on Trade and Investment (MCTI) hosting its first meeting for 2024 in Perth tomorrow.
Minister Assisting the Minister for State and Industry Development, Jobs and Trade Stephen Dawson welcomed the meeting saying MCTI was a great opportunity to showcase WA’s economic successes to a national audience.
Federal Minister for Trade and Tourism, Senator the Honourable Don Farrell, will be co-hosting the meeting with Minister Dawson with attendance from state ministers, senior government officials and leaders from across the Commonwealth, states, and territories to discuss collaboration across investment and trade.
MCTI drives a join-up approach across jurisdictions on emerging issues and priorities related to trade and investment, including the clean energy transition, supply chain resilience, international partnerships, and economic security.
Included on the upcoming agenda are trade and investment opportunities relating to Southeast Asia and critical minerals.
The meeting will also include a focus on several priority areas, including First Nations economic uplift, trade and investment data, ESG, and coordination of international trade and investment events.
The MCTI meeting will be held tomorrow and will be the third time the council has met, with previous meetings being held in Queensland and New South Wales.
For more information see:https://www.dfat.gov.au/trade/trade-and-investment/ministerial-council-trade-and-investment
As stated by Federal Trade and Tourism Minister Senator the Hon Don Farrell:
“I thank the Western Australia Government for hosting the third meeting of the Ministerial Council on Trade and Investment in Perth.
“This meeting of trade ministers is an important opportunity to continue progressing Australia’s trade and investment priorities.
“This is an opportunity to ensure that the benefits of trade continue to deliver for everyday Australians – through cheaper prices, improved competition, and a lower cost of living.”
As stated by Minister Assisting the Minister for State and Industry Development, Jobs and Trade Stephen Dawson:
“Co-hosting the Ministerial Council on Trade and Investment is a fantastic chance for WA to display its economic stability and explore different ways to work alongside the rest of the country.
“MCTI gives states and territories the opportunity to discuss firsthand trade and investment issues with one another and work towards practical solutions.
“I am excited to welcome government representatives from around Australia and showcase Western Australia’s thriving trade and investment ecosystem.”
