Trade 2018 is the extensive Trade and Investment Program being developed to run in the lead-up to and during the Gold Coast 2018 Commonwealth Games.
Trade 2018 will strengthen trade and investment ties across the Commonwealth and boost Queensland’s international business profile, with a particular focus on the Gold Coast. It has three phases:
- Phase 1 (Jan–Dec 2017): International activations in priority markets coinciding with the Queen’s Baton Relay
- Phase 2 (April 2017–March 2018): Inbound activations, with inbound business and trade missions from key international markets in targeted industry sectors
- Phase 3 (March–April 2018): Games time activations, with a parallel program of trade and investment-focused activities, including establishment of a dedicated ‘Commonwealth House’ venue.
Commonwealth nations are important trade and investment partners for Australia and Queensland. Implementation of Trade 2018 is occurring at a time of significant reform for the United Kingdom (UK), following the UK’s June 2016 referendum to leave the European Union (EU).
The UK’s changing relationship with the EU will have flow-on implications, generating stronger trade and investment relationships between Commonwealth countries.
Hosting the Games during a time of significant change in the Commonwealth represents a unique opportunity for the Gold Coast, Queensland and Australia to deliver a global legacy uniting the Commonwealth.
The Gold Coast 2018 Commonwealth Games will transform the Gold Coast and Queensland by creating benefits for our communities before, during and after the 11 days of competition. These are the benefits that this initiative will bring to Queenslanders both within the Gold Coast and across our state:
- GC2018 highlights trade and investment opportunities for Australia
- GC2018 supports jobs growth over 10 years
- GC2018 is a catalyst for accelerating the transformation of the Gold Coast Health and Knowledge Precinct (GCHKP) into a globally competitive tech hub
- The GC2018 Queen's Baton Relay builds engagement, trade and tourism opportunities domestically and internationally
- Queensland businesses experience significant economic uplift
- Develop a new ‘post-Brexit’ Commonwealth trade agenda ahead of the next games