Australia has always been a go-ahead nation, eager to plot new courses, test ideas and take ourselves into the world to form new friendships, alliances and business opportunities. Traditionally this has been with our ‘old-world’ European and US partners that have shaped our economic and cultural progress. Over the past two decades we have capitalised on a post-European focus by establishing networks with regional investment into China and South East Asia, who have an insatiable appetite, fuelled by a growing middle class. However, there is another potential partner in the Middle East and North Africa (MENA) with similar characteristics – which we as a nation, are in real danger of overlooking - to our economic detriment.
Looking past the stereotypes of the region, we find a large middle class, strong urbanisation and governments willing to modernise their societies. For example trade with the Gulf alone already exceeds that of trade with the UK; and Australia is well positioned to capitalise further. We can increase our trade with the region tenfold by going north to Asia and turning left to the Middle East.
In this presentation, Talal Yassine OAM, ANU Honorary Professorial Fellow at Crawford School of Public Policy, and the Chairman of the Council for Australian Arab Relations (CAAR), Department of Foreign Affairs and Trade will discuss the reasons why Australia should concentrate on strengthening the economic relationship with the Middle East, North Africa and the entire Arab world.
Talal Yassine is an experienced lawyer, banker and non-executive director. After 10 years at PwC as a Director and strategist, Talal joined investment firm Babcock & Brown Ltd in the Corporate Finance Group and later in the Technical Real Estate Division. Later Talal held leadership positions in Better Place Australia and is the founder and Managing Director of Islamic wealth manager, Crescent Wealth.
Please RSVP to Jessica Fertig at Jessica@yassine.com.au or on 02 9016 4562.