We regard Asia as the engine room of the world's economy and Australia wants to be a part of the region's dynamism and growth. Japan, in particular, continues to be centrally important to Australia future. In economic terms it is, of course, absolutely vital. Japan is Australia's largest, and our most important trading partner. It is Australia's biggest export market, our second largest source of imports, our third largest source of foreign investment and our most valuable source of tourists.
Japan is a driving force in global and regional efforts towards trade and investment liberalisation.
It is a major player in the evolution of a distinctive Asia Pacific voice in international affairs. Japan has also been a strong and consistent supporter of Australia's efforts to develop stronger associations throughout East Asia. We in Australia very much appreciate Japan's cooperation with Australia over a long period of time. And we look forward to Japan's support continuing into the future as Australia works to strengthen its ties throughout East Asia. So it is only natural that I should make Japan one of my first ports of call.