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Doing business with East Timor

By Alexander Downer - posted Monday, 15 July 2002


Of course, we are conscious of more immediate responsibility on the part of Australia to help secure a sustainable economic future for East Timor and its people.

I hope to be in a position to announce, later this year, that Australia will offer duty-free tariff treatment of all goods of East Timorese origin.

Conclusion

In conclusion, I wish to reaffirm Australia’s commitment to helping East Timor reach its full potential as a peaceful, prosperous and independent nation.

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Despite the many trials and tribulations that East Timor has experienced, and the negative effects these have had for its economic development, this new nation will provide opportunities for business, both now and in the future.

All of us must work together to do what we can to ensure that those opportunities are firmly grasped in the years ahead.

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This is an edited version of a speech at the launch of the Australia East Timor Business Council at The First Nation of the Millennium: East Timor: Ready for Business, International Conference on 12 June 2002.



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About the Author

The Hon. Alexander Downer MP is Minister for Foreign Affairs and Member for Mayo (SA).

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