Industry representatives from all over the Asia Pacific region are meeting in Perth in order to strengthen relations at a time of growing protectionism.
Australia has unveiled the country's most expensive coin for collectors. It comes with pink diamonds and is considered legal tender, with the coin now waiting to be sold to the highest bidder.
Perth will host a German-Australian business conference at the weekend, with more than a thousand participants looking to explore the fifth continent as a location to do business with a booming region.
Vietnam is hosting this year's Asia Pacific Economic Cooperation (APEC) summit, which gives it an opportunity to tout the benefits of global free trade. But convincing protectionists like Trump remains an uphill task.
Trade ministers from Pacific Rim countries have said they want to revive the TPP trade pact, as the US reiterated that it will aim for bilateral deals. The plan is seen as a counterweight to Chinese power in the region.
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