INVITATION TRADE MISSION TO AUSTRALIA & CHINA, OCTOBER 2010!

1. INVITATION TRADE MISSION TO AUSTRALIA & CHINA, OCTOBER 2010! The Israel-Australia Chamber of Commerce is delighted to invite you/your organisation to join Chairperson Dr Orna Berry on a delegation to Australia starting in Melbourne on Monday 4/10 & Tuesday 5/10 and then continuing to Sydney on Wednesday 6/10 & Thursday 7/10. Each delegate will receive his/her own Itinerary which in the main will include individual meetings as per pre-defined Trade Mission objectives. The visit will include seminars in Melbourne and Sydney plus various Receptions and Networking events. The Chamber's partners, the Australia-Israel Chamber of Commerce which has one of the strongest business networks will be responsible for putting together the Program and Private meetings. The Mission is open to a range of industries- High-Tech, Communications, Software, Electronics, Cleantech, Alternative/Renewable Energy, Environment, Medical Technology, Bio-Technology, Infrastructure, Energy, Agro-technology & Water, Homeland Security, Banking & Finance, Consumer Goods & more. The Australian economy is recognized internationally as being one of the most stable and successful economies. With a relatively small population of 22 Million, Australia is the thirteenth largest economy in the world and is ranked in the Top Ten economies worldwide when measuring GDP per capita! Australia, has managed an impressive 18 years of continuous growth since 1992. The IMF maintained its 3% growth forecast for Australia saying the domestic economy would continue to grow for at least the next 5 years, peaking at 3.4% in 2012. Even during the Global Financial Crisis, Australia kept growing, managing 0.732% thanks to its commodity exports. Australia is a western-style market economy, that is deregulated, transparent and going Green. The Government is committed to doubling the market share of renewable energy in Australia’s electricity supply from its current 10% to 20% by 2020. The services sector is the largest, accounting for 71% of GDP in 2008. Although the agricultural and mining sectors are small, 4.7% of GDP combined, they contribute approximately 65% of exports. The GFC had a relatively small impact on the Australian economy, today unemployment is @ 5.2% and inflation is 2.8%. Interest rates are now @ 4.5%, in fact Australia was the first G20 country to raise interest rates following the GFC. The performance and growth in China is directly linked to the Australian economy as the Natural Resources and Agriculture exports are consumed in China in very large quantities. In recent months, the Chamber has received much interest in linking China to the Australia-Israel trade equation, companies want to exploit existing networks and know-how for the mutual benefit of both countries into one of the world's most promising regions. Hence, delegates will be invited to continue on to Shanghai, China, visit the Expo and conduct a series of meetings and dedicated Mission events especially for the Chamber Trade Mission. To express interest in joining the delegation please contact the Chamber: pauli@iacc.org.il t:- 03-510-6464