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Digital Economy Partnership Agreement Australia

Posted on Apr 9, 2021 in Uncategorized

TRICEP is a 100% initiative of the University of Wollongong (UOW). With the help of the ARC Centre of Excellence for Electromaterials Science (ACES) and the Australian National Fabrication Facility (ANFF) partnership, TRICEP (launched in 2018) is working to develop and commercialize 3D bioprinting technologies for use in the medical industry to address significant clinical challenges. The first 3DREDI will be available for purchase in the first quarter of 2021. Iswaran said: “The DEA will make it easier for companies in Singapore and Australia to operate in both countries by strengthening our digital connectivity. The seven CEECs cover emerging areas such as AI ethics and governance and data innovation. With the help of the partnership between ACES and the Australian National Fabrication Facility (ANFF), the Translational Research Initiative for Cellular Engineering and Printing (TRICEP), launched in 2018, is committed to addressing a number of clinical needs. This partnership has enabled ES TRICEP to make real progress in managing major medical challenges. A Digital Economy Agreement (DEA) is a treaty that sets rules for digital commerce and the cooperation of the digital economy between two or more economies. Through the DEA with key partners, Singapore hopes to develop an international framework to promote interoperability of standards and systems and to support our businesses, particularly SMEs, in digital commerce and e-commerce. “The agreement builds on Australia and Singapore`s leading role in negotiating new international e-commerce rules within the World Trade Organization (WTO) to better facilitate the growing volume of digital commerce around the world.” This is the second digital economy pact signed by Singapore after the Digital Economy Partnership Agreement with Chile and New Zealand in June. His Australian counterpart, Mr Birmingham, said the deal would help broaden his country`s economic engagement with Singapore, which is its largest two-way trading partner in Southeast Asia. According to a joint statement by the Department of Trade and Industry, the Department of Communications and Information and the Infocomm Media Development Authority, the Singapore-Australia (Sadea) agreement builds on the strong bilateral trade and investment flows of both countries to improve digital economic opportunities. Businesses will benefit from the increasing ease and acceptance of digital payments, which will speed up payments, reduce transaction costs and improve trade.