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Australian businesses now have access to TRILLION dollar market
19 Oct 2018 | Archive
Australia’s acceptance into the World Trade Organization (WTO) Agreement on Government Procurement (GPA) has opened up Australian businesses to global government contracts worth over $1.5 trillion dollars, Australian Chamber of Commerce and Industry CEO, James Pearson, said today.
“Access to the GPA means Australian businesses can now pitch to nearly 50 new government markets such as the European Union,” Mr Pearson said.
“This means more business – which means more jobs.
“We congratulate the Federal Government on their work in getting Australia into the GPA, and look forward to the opportunities it will provide. Plurilateral agreements like these in the WTO demonstrate that it retains the preeminent status for global rulemaking for trade.”
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