Improving economic opportunities in the digital field “These are some of the most ambitious digital trade rules Australia has ever negotiated and this agreement will serve as a reference for further negotiations on digital trade rules in our region,” Birmingham said. The Singapore-Australia digital economy agreement was signed virtually on Thursday during a video conference between Singapore`s Minister of Trade and Industry Chan Chun Sing and Australia`s Minister of Trade, Tourism and Investment Simon Birmingham. Talks between the two countries began last October, before ending in March, as the two sides agreed to put in place a framework that would facilitate “closer cooperation” to “shape” international rules and establish interoperability between digital systems. Singapore and Australia have also signed seven Memoranda of Understanding (MOUs) to operate the modules defined in the DEA. This is Singapore`s second AED after signing the Digital Economy Partnership Agreement with Chile and New Zealand in January 2020. Chan said: “The signing of the Singapore-Australia Digital Economy Agreement marks a milestone in the long-standing and multi-faceted partnership between our two countries. SADEA will facilitate the digitization of business processes and make it easier and cheaper for Singaporean companies to conduct cross-border activities with Australia. With Covid-19 forcing companies to find innovative ways to reach customers and adapt to a new type of business, agreements such as SADEA will enable our companies to seize the opportunities offered by the digital economy and use new technologies to create new digital products and services. The director of TRICEP said that the realization of the 3DREDI system is an exciting step forward in the establishment of a new innovative and sustainable 3D bioprinting industry in Illawarra. The team is at the forefront of developing new approaches to 3D printing, and the success of this project builds on the significant developments they have made in recent years in this field and their focus on building local skills in the region, the professor said. The director of the Innovation Academy explained that the Academy serves as a magnet to attract new talent in collaboration on innovative projects through a series of programs and activities that have three objectives: Inspire, Equip and Showcase.
The Innovation Academy is aimed not only at engineering students, but also at some students from other faculties. OW also implies the obligation to work towards the mutual recognition of digital identification systems and access to data in order to foster the development of new digital products, services and solutions. It is important that the DEA also contains rules to increase business and consumer confidence in digital trade and to cooperate to create a safe online environment and protect personal data and consumer rights. The authorities of Singapore and Australia will identify, under the seven Memoranda of Understanding signed in March this year, specific projects that, in their implementation, will present tangible benefits and opportunities for businesses. The TRICEP team has introduced its new 3D bioprinting system to the world stage.. . . .
