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US visit an opportunity to pursue increased investment

19 February 2016

On 21 February, I will travel to the United States to lead a delegation of senior Australian business and academic representatives participating in Australia-United States Business Week.  

This initiative is aimed at strengthening business and economic ties with the United States, the world’s biggest economy and Australia’s largest two-way investment partner. The focus of the delegation’s activities will be at CERAWeek, a leading, annual meeting of the global energy industry, in Houston, Texas.

I will also travel to Washington DC to meet with political and industry leaders and to deliver a keynote address at the Brookings Institution on the resilience of Australia’s resources and energy sector in a period of price volatility.

Throughout the visit, I will emphasise Australia’s growing role as a global energy superpower, being the world’s largest coal exporter and expected to become the world’s largest liquefied natural gas exporter by 2020. I will also take the opportunity to highlight Australia’s many resources and energy investment opportunities in meetings with industry CEOs and senior executives.

My visit will include meetings with a number of my ministerial counterparts, including the United States Secretary of Energy, Dr Ernest Moniz, and other senior officials to discuss global energy policy priorities.

With the global challenges currently facing the resources and energy sectors, this visit provides an important opportunity to share ideas about effective energy policy and cooperation, and to pursue increased investment in Australia.

Media contact: Mr Frydenberg's office 02 6277 7180
Department media: media [at] industry.gov.au