KOTRA to Host Webinar for Companies Seeking to Enter Australian Market on 17th
[Asia Economy Reporter Moon Chaeseok] KOTRA announced on the 7th that it will hold a webinar titled "Which Promising Sectors in Australia Should Be Noted Next Year?" in collaboration with the Embassy of the Republic of Korea in Australia.
The event, scheduled for the 17th, will comprehensively provide information on the local economic outlook, the new Australian government's economic policies and regulations, and promising industries by region for domestic companies hoping to enter the Australian market next year.
Local law firms such as "Maker McKinsey" will be invited to introduce important considerations for investment and entry into Australia, as well as labor laws.
Korea held a summit with Australia last year. This signifies that opportunities for cooperation have opened in various industries such as renewable energy, critical minerals, defense, and infrastructure with Australia.
Australia is the world's largest producer of iron ore and natural gas. It also has abundant reserves of critical minerals such as lithium and cobalt. The Australian government has increased investment in infrastructure projects in next year's budget.
Kim Taeho, Head of KOTRA's Economic and Trade Cooperation Division, said, "We have prepared a webinar where our companies can understand the newly changing aspects such as the economic policies of the Australian government, which was newly launched in May, investment entry regulations, and labor laws."
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Applications for the webinar can be made on the KOTRA Trade and Investment 24 website.
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