Six ways to boost the Australia-Korea Trade Relationship

Dalton, B

Six ways to boost the Australia-Korea Trade Relationship

Dalton, B

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Publisher:: Department of Foreign Affairs
Publication Type:: Report
Citation:: 2021, pp. 16-20
Issue Date:: 2021-12-07

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Field	Value	Language
dc.contributor.author	Dalton, B https://orcid.org/0000-0002-9507-1447
dc.date.accessioned	2022-01-05T06:22:40Z
dc.date.available	2022-01-05T06:22:40Z
dc.date.issued	2021-12-07
dc.identifier.citation	2021, pp. 16-20
dc.identifier.uri	http://hdl.handle.net/10453/152706
dc.description.abstract	The Australia-Korea relationship is strong and stable and built on the foundations of shared values, shared regional strategic interests, and strong people-to-people links. However, the trade relationship has not reached its full potential and remains concentrated in the resource sector. Here I suggest just six ways that could broaden and deepen this trading relationship. That is by: • building more resilient bilateral supply chains; • experimenting with new visa arrangements to encourage Australians and Koreans to holiday, work and study in each other’s countries; • promoting collaboration in science and technology; • developing the Australia-Korea start-up ecosystem; • facilitating film and other media co-production collaborations; and, • promoting Australian and Korean investment in new asset classes.
dc.format	Online
dc.language	en
dc.publisher	Department of Foreign Affairs
dc.rights	info:eu-repo/semantics/openAccess
dc.title	Six ways to boost the Australia-Korea Trade Relationship
dc.type	Report
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
pubs.organisational-group	/University of Technology Sydney/e-Press
utslib.copyright.status	open_access	*
pubs.consider-herdc	false
dc.date.updated	2022-01-05T06:22:06Z
pubs.commissioning-body	Department of Foreign Affairs
pubs.confidential	false
pubs.place-of-publication	Perth, UWA
pubs.publication-status	Published
dc.location	Perth, UWA

Abstract:

The Australia-Korea relationship is strong and stable and built on the foundations of shared values, shared regional strategic interests, and strong people-to-people links. However, the trade relationship has not reached its full potential and remains concentrated in the resource sector. Here I suggest just six ways that could broaden and deepen this trading relationship. That is by: • building more resilient bilateral supply chains; • experimenting with new visa arrangements to encourage Australians and Koreans to holiday, work and study in each other’s countries; • promoting collaboration in science and technology; • developing the Australia-Korea start-up ecosystem; • facilitating film and other media co-production collaborations; and, • promoting Australian and Korean investment in new asset classes.

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http://hdl.handle.net/10453/152706