OVERVIEW
The Council of Great Lakes Governors (CGLG) is leading a multi-sector trade mission to Australia and New Zealand from March 1-11, 2009. The goal of this mission is to assist small to medium sized companies from the Great Lakes region export products and services to these rapidly-growing markets.
Mission participants will receive:
- Customized one-on one business appointments in each country with interested distributors, agents, et al. set up by the CGLG Australia & New Zealand Trade Office (average 3 – 5 appointments per day)
- In-depth advance market research to include detailed information about each target company
- In-country business briefing
- Services of CGLG Australia & New Zealand Trade Office staff throughout the mission in both countries
- Group airport-hotel-airport ground transportation in both countries
- Assistance with hotel bookings
- Follow-up. CGLG staff will assist with all aspects of follow-up after the mission
WHY AUSTRALIA & NEW ZEALAND?
AUSTRALIA:
- Experiencing its 17th year of growth and continuing to outperform most OECD economies.
- Demonstrating strong capital investment across sectors such as mining, energy, IT & biotech.
- Unemployment is less than 4.3% and inflation is ~2.5%.
- Tariffs eliminated on 99% of American manufactured goods entering Australia since the introduction of the U.S – Australian Free Trade Agreement.
- Exchange rate favorable to American exporters (US$1 = ~A$1.06).
- Australia has the world’s largest resources of lead, mineral sands, tantalum, uranium, silver and zinc, along with brown and black coal. It is also in the top 3 in the world for alumina, bauxite, copper, cobalt, diamonds, gold, iron ore, manganese ore and nickel.
- The U.S. is Australia’s leading foreign direct investor.
- Australia is currently undergoing a resources boom creating a huge demand for mining and other industrial equipment, technology services and environmental technology.
NEW ZEALAND:
- The U.S. is New Zealand’s second largest trading partner behind Australia.
- In 2006 – 2007, U.S. goods accounted for 13% of all imports into New Zealand.
- With the New Zealand dollar near a 24-year high over the US$ (US$1 = ~NZ$1.26) there are even more opportunities for U.S. exporters to be more competitive in the New Zealand market.
- New Zealand’s total imports from the U.S. in 2007 amounted to $3.3bn.
- Investment opportunities exist in chemicals, food preparation, finance, tourism, forest products and franchising.
- According to the U.S. State Department, the best sales and investment prospects are for whole aircraft and airport parts, medical or veterinary instruments, motor vehicles, information technology, hotel and restaurant equipment, telecommunications, tourism, franchising, food processing and packaging, and medical equipment.
- Since the mid-1980s, New Zealand has achieved major economic restructuring, moving an agrarian economy towards a more industrialized free market economy.
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If you are not already active in these important markets, now is the time to get started.
KEY INDUSTRY SECTORS |
- Mining Equipment & Services
- Environmental Technology
- Industrial Machinery and Equipment / Measurement & Control Instrumentation
- Medical Devices and Diagnostics / Biotechnology
- Defense Equipment
- Materials Handling Equipment
- Aircraft and Parts
- Transportation Equipment
- Electronic Products and Electrical Equipment
- Information Technology and Communications Equipment
- General Supply Chain Logistics Technology
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TRADE MISSION ITINERARY |
REGISTRATION & COSTS |
Feb 27 |
Depart U.S. for Australia
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Registration deadline is January 2, 2009
Mission Participation Fee: $500 per person Includes group airport-hotel-airport transportation; business briefing; access to meeting rooms in all cities
Market Research and Appointment Setting Fee: $2,800 Australia only, $3,500 Australia and New Zealand
For additional information, please contact:
Zoë Munro
Program Manager
Council of Great Lakes Governors
Phone: (312) 407-0177
Email: zmunro@cglg.org |
| March 1 |
Arrive in Melbourne, Australia
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| March 2 |
Country Business Briefing
Individual Business Appointments
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| March 3 |
Individual Business Appointments
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| March 4 |
AM Travel to Sydney, Australia
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| March 5 |
Individual Business Appointments
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| March 6 |
Individual Business Appointments
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| March 7 |
Free Day
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| March 8 |
Travel to Auckland, New Zealand
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| March 9 |
Individual Business Appointments
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| March 10 |
Individual Business Appointments
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| March 11 |
Depart Auckland for U.S.
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