Australia’s Market Development Facility (MDF) helps countries in the Indo-Pacific region to grow through improved productivity, economic diversification, competitiveness and trade. 

MDF helps business partners and government to identify markets that have high potential to grow, be profitable, and deliver social and environmental value. 

Our aim is to do good by supporting good business. MDF supports business investment and innovation that reduces poverty, economically empowers women and combats climate change. We currently operate in Fiji, Timor-Leste, Samoa, Vanuatu, Tonga and Sri Lanka.

MDF is funded by the Australian Government. It is implemented by Palladium, in partnership with Swisscontact. 

About RT4D

The Regional Trade for Development (RT4D) initiative is funded by both the Governments of Australia and New Zealand. It assists ASEAN Member States (AMS) in meeting their commitments and realising the advantages offered by the Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area, or AANZFTA, and the Regional Comprehensive Economic Partnership, or RCEP.

Through the AANZFTA Implementation Support Program (AISP) and the RCEP Implementation Support Program (RISP), RT4D provides tailored support to enhance the capabilities of ASEAN Member States by strengthening skills, building networks, facilitating policy options and ensuring that trade benefits everyone, including Micro, Small and Medium Enterprises (MSMEs), women and people with disabilities.

The Governments of Australia and New Zealand have committed up to AUD 48.7 million to fund RT4D from 2020-21 to 2027-28.

Project Summary

The RCEP Implementation Support Program (RISP), implemented by the RT4D Facility, aims to support AMS to realise the full benefits of RCEP through the provision of capacity-building support and access to technical expertise.

The following project is approved under RISP.

• Project name: Promoting the utilisation of RCEP, especially in digital trade, through better understanding and enhanced engagement of the private sector, MSMEs and women-led businesses.

• Project Objectives: In celebration of the third anniversary of RCEP’s entry into force, this project aims to reinforce the practical utilization of RCEP commitments by MSMEs and women-led enterprises through the following objectives:

o to assess the awareness and utilization of RCEP among MSMEs, women led businesses in Viet Nam, identifying gaps and areas for improvement. 

o to address identified gaps by raising awareness and improving communication on RCEP benefits among MSMEs and women-led enterprises, especially in digital trade, through capacity-building workshops and the development of user-friendly materials to enhance understanding and utilization.

o to strengthen collaboration between the MSMEs and women-led enterprises, and policymakers to improve FTA implementation and support. 

About RT4D

The Regional Trade for Development (RT4D) initiative is funded by both the Governments of Australia and New Zealand. It assists ASEAN Member States (AMS) in meeting their commitments and realising the advantages offered by the Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area, or AANZFTA, and the Regional Comprehensive Economic Partnership, or RCEP.

Through the AANZFTA Implementation Support Program (AISP) and the RCEP Implementation Support Program (RISP), RT4D provides tailored support to enhance the capabilities of ASEAN Member States by strengthening skills, building networks, facilitating policy options and ensuring that trade benefits everyone, including Micro, Small and Medium Enterprises (MSMEs), women and people with disabilities.

Also operating under RT4D is the Trade and Gender Equality Incubator (TGEI), an initiative funded by the Australian Government. The incubator tests ideas and methods, drawing on promising examples, that integrate gender in trade policy, technical cooperation, and development programming.

The Governments of Australia and New Zealand have committed up to AUD 48.7 million to fund RT4D from 2020-21 to 2027-28.

Project Summary

The RCEP Implementation Support Program (RISP), implemented RT4D Facility, aims to support AMS to realise the full benefits of RCEP through the provision of capacity-building support and access to technical expertise.

The following project is approved under RISP.

• Project Name: Study on Investor-State Dispute Settlement (ISDS) Reform – Introducing Safeguards in Modern Investment Agreements
• Project Objective: The project addresses the AANZFTA Committee on Investment’s (COI) Sectoral Strategic Directions Priorities Document (SSDP) to ‘Progress in Advancing the Work Programme for the Upgrade AANZFTA Investment Chapter’ and in particular, the COI Work Programme activity to review Section B (Investment Disputes between a Party and an Investor) of the Upgraded AANZFTA. It aims to support AANZFTA Parties’ consideration of modern ISDS safeguards included in recent agreements and ISDS reforms discussed in international fora, in the context of the review of the AANZFTA ISDS provisions. The project is designed with the following objectives:

o Provide AANZFTA Parties with the latest discussions and outcomes on ISDS reform in other fora.

o Enhance AANZFTA Parties’ understanding of the safeguards to protect governments’ right to regulate as introduced in newer International Investment Agreements (IIAs), and its usage under arbitration cases.

o Align AANZFTA Parties’ understanding on the potential benefits of introducing safeguards to the current ISDS provisions under the AANZFTA.

o Provide recommendations for AANZFTA Parties on the potential modern ISDS safeguard elements that are suitable to be considered for inclusion under the AANZFTA ISDS review.