News: E-Commerce | Digital Trade

Geneva Trade Week: Digital Trade and Services Trade – Are They Increasingly the Same?

Geneva Trade Week;  Sept 28 - 2 Oct 2020. On behalf of the Australian Services Roundtable,  TIISA Network Director Jane Drake-Brockman moderated the opening session in the Digital Trade stream on Monday 28 September. 

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New Data links Outward Investment in Services to Australia’s Services Export Performance

Market Data

Jane Drake-Brockman is Industry Professor with the Institute for International Trade and Founder of the Australian Services Roundtable, which in 2020 celebrates its 20th anniversary.
Measurement of trade in services is notoriously difficult. The official statistics on imports and exports contained in the Balance of Payments (BOP) are well known, for example, as measuring poorly at best only three of the four modes of international supply of services.

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Think20 Policy Brief: Impact of Digital Technologies and the Fourth Industrial Revolution on Trade in Services

Friday 18 September 2020  marked the beginning of the T20 Summit Season, celebrated the work of T20 Task Force 1: Trade, Investment and Growth.
Jane Drake-Brockman Institute for International Trade, The University of Adelaide coordinated and  presented TIISA Policy Brief 4: Impact of Digital Technologies and The Fourth Industrial Revolution on Trade in Services

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Geneva Trade Week: Join the discussion on Digital Trade

Geneva Trade Week 2020 is a digital conference organized by the Geneva Trade Platform and running from Friday the 25th of September through to Friday the 2nd of October.
Taking place in the week of the now cancelled WTO Public Forum, Geneva Trade Week brings together policymakers, academics, experts, the private sector and passionate activists to discuss trade, its impact, and its connection to the most pressing issues of our time.

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Report on Potential Benefits of an Australia-UK Free Trade Agreement

UK AUS flags podium

IIT hosted an online discussion on potential benefits of an Australia-UK free trade agreement with Elisabeth Bowes, Chief Negotiator, Regional Trade Agreements Division, Department of Foreign Affairs and Trade (DFAT), and Vivien Life, Director Asia and Australasia Negotiations within the UK Department for International Trade. The two negotiators emphasized the like-mindedness of the UK and Australia when it came to international trade, implying that an agreement could be reached speedily.

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THINK20 Policy Brief: Impact of Digital Technologies and the Fourth Industrial Revolution on Trade in Services

Fourth Industrial Revolution

15 co-authors (8 from the TIISA Network, including coordinating lead Professor Drake-Brockman), offer recommendations to G20 Leaders to start shaping a trade policy agenda for a digital future.  Digital technologies are putting trade in services on a stronger relative growth path than trade in goods.  Digital enablement of services depends on inputs of cross-border data flows.  For every nation to reap the benefits of the fourth industrial revolution, sustained openness to international services trade, investment, and data flows is essential.

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Resilient Teams for Trade

Teams

Lisa Hunt, Business Manager, Institute for International Trade, The University of Adelaide and Professor Peter Draper, Executive Director, Institute for International Trade, The University of Adelaide. 
Over the past four months COVID-19 has exacerbated existing trade and geopolitical tensions, fuelled scepticism about the benefits of globalisation and seen already high-levels of economic uncertainty rise. As governments across the globe respond to protect their citizens lives and livelihoods, the resulting restrictions on the movement of people, capital, goods and services across borders has proven catastrophic for many businesses working in Global Value Chains (GVCs).

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Australia-Singapore Digital Trade Agreement: Setting new benchmarks in Trade Governance

Digital Economy

Jane Drake-Brockman, Industry Professor, Institute for International Trade, The University of Adelaide.
Australia has achieved its most comprehensive deal on digital trade. The government has put down clear markers for other bilateral and regional trade negotiations, including with the EU; and taken a global leadership role, along with Singapore, in signalling vital directions for the WTO negotiations on Electronic Commerce (e-commerce).

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Brexit Done, A UK-EU Trade Agreement to Go?

Britain

By Richard Pomfret, Professor of Economics & Jean Monnet Chair Economics of European Integration, the University of Adelaide
A trade agreement between the UK and EU27 looks in trouble. The UK left the EU on 31 January. 2020 is the transition year when the Withdrawal Agreement is implemented and the UK and EU reach agreement on their future relations.  Distracted by COVID, some people, e.g. Irish deputy PM Simon Coveney, argue that this timeframe for reaching agreement in future relations is too short, while UK negotiators insist that the deadline is non-negotiable.

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Digital Trade Policy: Governance of Cross-Border Data Flows

Digital Trade Policy Seminar

Digital Trade Policy: Governance of Cross-Border Data Flows
Presented at the Institute by Bryan Mercurio, Simon F.S. Li Professor of Law from The Chinese University of Hong Kong 
Data flows play a vital role in Hong Kong’s economy, especially as the city is seeking to become Asia’s Fintech hub

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