How do businesses in Australia and the Asia-Pacific benefit from increased liberalisation of telecommunications sector?
Liberalisation of telecommunications markets in the Asia Pacific region results in increased growth for the business sector. For example, the implementation of the MRA helps reduce technical barriers to trade, allowing savings for traders and enhancing opportunities for exporters. There is also strong industry participation in TEL meetings from Australia and other economies, and Australian contractors have won various APEC tenders for projects ranging from international training courses to research on interconnection and universal access. Australian industry and academic institutions also have a forum for their interests through the linkage between APEC and the Pacific Economic Cooperation Committee (PECC).
