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Austrade - Wikipedia, the free encyclopedia

Austrade

From Wikipedia, the free encyclopedia

The Austrade, formally the Australian Trade Commission, is an agency of the Australian Government that aims to assist Australian businesses in entering overseas export markets, and boosts the national economy. It is a statutory authority under the portfolio of the Department of Foreign Affairs and Trade. It is based in Sydney, though it has a network of 18 offices in capital centres and 54 regional centres around Australia including 8 export hubs, as well as a large network of offices overseas; 140 locations in 60 countries in total.

The agency provides a number of services to would-be exporters, such as advice on prospective markets and opportunities, on-the-ground support in target countries, trade exhibitions, and assistance in finding potential investors. They also provide community education services, particularly in the area of teacher training, about international trade and related topics.

General information is provided at no charge and a range of free services are provided to new and irregular exporters through the New Exporter Development Program. Specific tailored advice is provided to thousands of Australian companies each year based on a quote in advance. Fees are based on an hourly rate and their service levels are guaranteed.

Austrade also provides financial assistance to Australian exporters through the Export Market Development Grants (EMDG) scheme. Under the scheme, eligible Australian businesses are reimbursed for part of the export marketing costs they incur.

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