Business delegation set to accompany President Pavel on visits to Australia and New Zealand

Representatives from 16 Czech companies are set to accompany President Petr Pavel on an upcoming visit to Australia and New Zealand, the Union of Industry and Transport announced in a press release on Thursday.  The delegation, which departs on Friday, aims to strengthen cooperation and forge new business relationships, particularly in the fields of aviation, the space industry, cyber security, as well as research and innovation.

According to the Ministry of Industry and Trade, Australia ranked as Czechia’s 38th most significant export market last year, dropping two places compared to 2022. Czech exports to Australia decreased by 10% year-on-year to CZK 13.4 billion. Exports to New Zealand also saw a slight decline, falling from CZK 3.49 billion in 2022 to CZK 3.42 billion.