The Singapore-Australia Free Trade Agreement (SAFTA) has been in force since 2003 and has already delivered substantial benefits for exporters, such as complete tariff elimination, underpinning Singapore’s position as Australia’s fifth largest trading partner.

An agreement to modernise SAFTA was signed in October 2016, resulting in a comprehensive update, with new market access supported by new rules providing greater certainty for exporters of goods, services and investment. The Australian business community has a vibrant presence in Singapore and these new commitments will support greater trade and investment opportunities between the two countries.

As part of this close cooperation, the Australian Government’s Department of Education has established a Singapore Internship Pilot Program. It is seeking placements within companies for Singaporean students already studying at universities within Australia in semester two of this year. The majority of Singaporean students are studying business/commerce in Australia.

This is an opportunity for interested members to take on an intern who may help with knowledge, culture and networks within Singapore. There is much flexibility around the length and timing of the placements. The relevant university will assist in the design of a work project that meets your needs – perhaps connecting with markets in Singapore - as well as meeting the needs of the degree program.

Please contact Anne Younger, General Manager Education and Training, to register your interest or discuss your potential involvement anne.younger@aigroup.com.au or (03) 9867 0172.