Victoria's relationship with The Americas
The United States of America
The United States is a major driver of the global economy and a world leader in international trade and investment. Victoria has a long history of engagement with the United States, with Victorian Government Trade and Investment (VGTI) in San Francisco, New York, Chicago and Washington DC. These offices play a vital role in the facilitation of trade, investment and the establishment of people-to-people links and partnerships between the two regions.
The United States is Victoria's largest source of investment, as well as being the state's second largest two–way trading partner and the fourth largest market for food products. The United States is a major market for Victorian aerospace and automotive products, meat, pharmaceuticals and is a major source of tourists. Underpinning this dynamic trade and investment relationship is the Australia-United States Free Trade Agreement (AUSFTA), enacted in 2005.
Victoria and the United States maintain extensive people-to-people links and institutional ties. Melbourne and Boston celebrated the 30th anniversary of their sister-city relationship in 2015, a connection built on a commitment to excellence in healthcare and medicine, information and biotechnology, education, the arts and culture.
Latin America is a large, dynamic region, and a growing area of opportunity for Victoria. Victoria's cultural ties and people-to-people links to Latin America are substantial, and help support an emerging commercial relationship.
Recognising the importance of the relationship, the Victorian Government opened a Victorian Government Trade and Investment (VGTI) office in Santiago, Chile in 2016. International education is a significant and growing opportunity for Victoria in Latin America. The Victorian Government currently has an Education Services Manager based in Santiago, Chile.
In 2017, LATAM Airlines launched a direct flight service between Melbourne and Santiago. In May 2018, the Victorian Government released its Globally Connected: Latin America Trade and Investment Strategy outlining priority markets and sectors in the region.