24.
11.16
11:32

Australia wants to dismantle trade blockades

Australia's Prime Minister Malcom Tower ball said today that his Government is planning to build trade blockades, facilitating access to the booming Asian food markets for its exporters.
Australia is one of the largest exporters of agricultural products; last year there were goods valued at A$ 44.5 billion, or USD 32,83 billion run, so a statistic of the Government in Sydney.
High freight costs and difficulties to get cargo space in aircraft, often prevent a bid for rising demand from Asia and thus undermined the plans to gain larger market shares the agricultural sector compared to the export of natural resources. This is the so-called "mining to dining" - boom.
"The key to a strong economic growth are our free trade agreement with Asia, as well as an infrastructure that enables innovation, creates the connections and enables us to provide food and other materials to the large Asian market", so the Prime Minister today in the Australian Parliament.
An independent Commission of inquiry to show investment opportunities and show red tape which would be to remove. The report will be available late next year. In the coming years by 2030, it is expected that the demand will increase cargo space by 50% in Australia in recent years various free trade agreements were concluded with China.
Australia, the fourth-largest wheat exporter in the world, has lost market share in recent years when its biggest customer in Indonesia to Black Sea suppliers, which had the nose forward due to lower freight costs.

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