I am pleased to announce that our fifth new trade mission, delivered by the Albanese Labor Government within 100 days of our second term, has arrived in Japan.
Japan is one of Australia's most trusted and enduring trading partners with two-way trade in 2023-24 reaching approximately $104 billion. The opportunities in this market for Australian businesses are significant and growing.
As part of this mission, twelve First Nations-owned businesses will travel to Osaka and Tokyo, with each business showcasing the strength and innovation of the world's oldest continuing cultures, to coincide with Te Aratini Indigenous Peoples Week at the 2025 Osaka World Expo.
Australia's Pavilion at the Osaka World Expo has welcomed well over a million visitors, and through our partnership with States, Territories and iconic Australian brands, we've showcased the best of Australia's goods and services to the world. That means more opportunities for our exporters and more well-paying jobs for Australians.
This mission reflects the Albanese Labor Government's strong commitment to ensuring our First Nations people share in the benefits and prosperity that flow from trade and investment.
We have already taken significant steps to embed First Nations interests into our trade agenda, with the signing of a first ever chapter on First Nations in our landmark trade agreement with the United Arab Emirates. This agreement, when fully implemented, will remove tariffs on over 99 per cent of Australian exports and deliver cheaper prices at the checkout for Australian households.
