The Wagga Wagga Business Chamber (WWBC) has been invited to a trade mission to Singapore on July 5–6, 2018.
The invitation was made from the Canberra Business Chamber (CBC) and ACT Government in mid-June 2018.
The trade mission program – coordinated with Austrade, AustCharm Singapore and Enterprise Singapore – will allow businesses in NSW and the ACT to leverage networking and collaboration opportunities.
WWBC president Danielle Pascoe said that while WWBC attendances are yet to be confirmed, the opportunity was welcomed.
“My understanding is that there’ll be opportunities for businesses to participate in a number of sessions to provide insight into trading and B2B networking.
“There’ll also be discussions about trade opportunities for members and local businesses to enter another market,” Ms Pascoe said.
There’ll also be discussions about trade opportunities for members and local businesses to enter another market.Danielle Pascoe, president of Wagga Wagga Business Chamber
This has been the first time – during Ms Pascoe’s presidency – in which the WWBC has collaborated with the CBC and ACT Government on a business initiative.
Robyn Hendry, president of the CBC said Wagga was not only part of “the important Riverina agriculture region but home to many successful entrepreneurs and established businesses, education facilities and tourist attractions”.
“Having representatives from Wagga on the trade mission provides an opportunity to promote Wagga and the Riverina – and our region as a whole – and encourage connections that will lead to future visitors, customers, partnerships and investment,” Ms Hendry said.
“Trade Missions are an excellent opportunity to raise the profile of our region and therefore it is important to ensure we can provide as complete a representation of our region as possible.”
Singapore was cited by the CBC as a key trade market for Australia.
“It is Australia’s 10th largest trade partner overall, and fourth when it comes to export of services,” Ms Hendry said.
According to the Department of Foreign Affairs, trade with Singapore is growing.
Year-on-year growth in exports stands at just over 20 per cent.
“The region surrounding the ACT – extending from Wollongong, Bathurst and Orange through to the Shoalhaven, Snowy Mountains and the Murray-Riverina region – is home to around 50,000 local businesses and has a gross regional product of about $40 billion.
“The Austrade TradeStart program, embedded in the Canberra Business Chamber, works closely with counterparts in adjacent NSW regions and further afield.
“It is a benefit of networks like these that we can work together for the benefit of all,” Ms Hendry said.