Australian Prime Minister Malcolm Turnbull and U.S. President Barack Obama will sit down at the White House to discuss a number of crucial issues from security to the economy. On the economy, they will focus on lagging global growth indicators and building support among other countries to implement policies that will catalyze growth. For companies and consumers in Australia, the U.S., and throughout the world, greater growth is crucial. Increasing economic opportunity, and meeting the G20 goal set last year of at least 2 percent economic growth, is linked to rapid action on trade and investment. The first order of business should be implementing the Trans-Pacific Partnership (TPP) in 2016.
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Topics: FOREIGN DIRECT INVESTMENT (FDI) LABOR MEGA-REGIONAL AGREEMENT
Regions: AUSTRALIA UNITED STATES NORTH AMERICA ASIA-PACIFIC
Authors: CNBC