In an effort to spread knowledge about international trade to its business community, the Australian government will provide US$ 1.75 million over the next two years to assist in training small and medium-sized (SME) business owners and employees.
The goal, the government said, is to better prepare SMEs for business opportunities now available under new free-trade agreements (FTA) signed with nearby Asian countries, China, Korea and Japan. Funds will also be eligible for Australian business organizations to deliver direct FTA training, aimed at building knowledge and providing the tools required to access FTAs.
Applications for the first round of training provider grants began on Oct. 28. Guidelines for the program are now available online, with information sessions also being held around the country to explain the program. Details can be found here.