Australia presents an appealing prospect for Canadian businesses seeking international expansion. With a robust record of economic growth, Australia boasts a trade-friendly, diversified, and stable business environment. The country has well-established ties to neighboring markets, including the Association of Southeast Asian Nations (ASEAN), China, Japan, and India.
On the global stage, Canada and Australia stand as allies with a strong economic relationship, fortified by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) free trade agreement. In practical terms, many Canadians find Australia to be a conducive place for conducting business, given our shared language, similar cultures, and comparable governments and legal systems.
Export Development Canada (EDC) contends that these factors, coupled with the overall strength of the market, position Australia as an excellent location for Canadian companies aiming to establish a presence in the Indo-Pacific and navigate the intricacies of conducting business on the other side of the world. Explore further to delve into Australia’s business environment, competitive advantages, and sector opportunities, and discover how your company can receive support for market entry and expansion in Australia and the broader Indo-Pacific region.
Learn more about doing business in the region here: https://www.edc.ca/en/article/doing-business-australia-canadian-exporters.html
