Objective 1.1

Ease of movement of people, capital, services and data across borders

Action 1.1J

Industry will continue and intensify engagement in commercial diplomacy efforts offshore, to build mutual recognition of professional qualifications, greater alignment of financial regulations and enhanced interoperability of domestic regulations and standards, including digital standards.

Australian Services Roundtable

Industry
recommendation/s
Description
Government response
Related Action/s
5.1D

Continue to pursue the recognition of Australian qualifications and professional recognition overseas, and in-demand foreign qualifications in Australia.

Agreed
9C

Encourage the development and harmonisation of high-quality digital standards with key trading partners, including through FTAs, in multilateral fora, and through regulator-to-regulator cooperation. This could include facilitating the development of international digital standards.

Agreed-in-principle

Progress to date

The Australian Services Roundtable (ASR) and its members engage in commercial diplomacy efforts offshore to build mutual recognition of professional qualifications, greater alignment of financial regulations and enhanced interoperability of domestic regulations and standards, including digital standards. These efforts include letters and submissions to other Governments and global media statements often jointly with other members of the Global Services Coalition and the Asia Pacific Services Coalition.

During 2020, ASR was involved in organising and moderating two high profile webinar panel events in the Digital Trade Stream at Geneva Trade Week and in preparation of a co-authored THINK 20 Policy Brief to deliver policy recommendations for the G20 on Digital Technologies, Services and the 4th Industrial Revolution.