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View Full Version : It's time to look down under



NewsWhore
09-19-2006, 06:40 PM
Australian Trade Commissioner Paul Martins encouraged Dominicans to look "down under" during a presentation sponsored by the Commonwealth Round Table, the Santo Domingo Chamber of Commerce and the DR Center for Exports and Investments (CEI-RD). The presentation focused on what Australia is today and where some of the business opportunities may be found. Martins gave an explanation on how his country's mega-diversity has led Australia to develop technologies that they are now exporting to the world. Opportunities exist in food and beverage products, mining (technology, machinery, products), education, franchises, technology and IT/software, products for infrastructure (construction), biotechnology, energy, and tourism (training and investments).
Australia is the leading exporter of cattle and meat products to the world, as well as milk-producing cattle and wool-producing sheep. Less known is the fact that Australia is the world's largest exporter of wines, after France, Italy and Spain. Martins spoke of opportunities for Dominicans to import state-of-the-art water management technologies and alternative energy systems. He also highlighted the fact that some 250,000 foreign students study in Australia, where there are work-study opportunities and the cost of comparable or higher education is lower than in the United States.
While Australia may appear to be too far away for trade, during the conference it was explained that container transport to Australia costs the same as transport to the United States, or approximately US$3,500 per container, and speaking at the event, Dominican importer Liliam Pichardo said that a shipment could get here in 21 days.
During the workshop, Jesus Moreno, president of the Herrera Industries Association, pointed to opportunities for exchanging experiences working with macadamia nuts and organic coffee, as well as national park management (there are 511 national parks in Australia).

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