Talk to an expert in the United Kingdom, Europe and Israel
We can help establish or grow your international business in NSW, or to export products from NSW to customers in the UK, Europe and Israel.
Mr Stephen Cartwright is the NSW Agent General to the United Kingdom, and the Senior Trade and Investment Commissioner for Europe and Israel.
The UK’s pivot to the Indo-Pacific creates an opportunity to increase UK investment in NSW priority sectors and regions.
The UK is one of NSW and Australia’s oldest and largest sources of investment, with UK FDI in Australia valued at over $120 billion in 2020, the country’s third-highest source of FDI that year.
The Australia-UK Free Trade Agreement (UKFTA) is an ambitious and comprehensive FTA that will drive increased trade in goods and services, two-way investment, economic growth and job creation.
How we can help
Investment NSW support is available to help grow UK, European and Israeli investment in NSW and profile our state’s capabilities to new investors and partners.
Our staff are working to attract global talent and businesses to NSW - including supporting other parts of Investment NSW, such as Destination NSW, to attract major sporting, cultural and business events to our state.
Grow in NSW
NSW is an economic leader. Its economy is the largest in Australia, and is larger than the economies of Malaysia, Singapore and Hong Kong.
NSW’s resilient economy has been a driver of Australia’s growth for decades and is highly productive by international standards. For most of the last five years, the NSW economy has grown at or above the national average while the unemployment rate has been below the national rate. NSW has achieved the nation’s lowest debt, while funding the largest infrastructure spending program at $97 billion.
The NSW Government’s Net Zero Plan, together with the NSW Electricity Strategy, are forecast to result in $11.6 billion of new investment for NSW, including $7 billion in regional NSW, and support the creation of almost 2,400 new jobs, including 1,700 jobs located in the regions.
Export from NSW
The A-UKFTA will deliver better and more certain access to the UK market for the world-class exporters of NSW, including farmers and small businesses.
Currently 89% of Australian goods are exported into the UK duty free. From the day the A-UKFTA comes into force, over 99 per cent of Australian goods exports by value to the UK will enter without tariffs, representing around $9.2 billion worth of current annual Australian merchandise trade into the UK.
Following the UK’s historic trade deal with Australia, businesses looking for a foothold in the fast-growing Asia-Pacific region should look to New South Wales.east
Last updated: 17 June 2022