Date Time
Broadening trade base improves security of demand
The release of Pivot: Diversifying Australia’s Trade and Investment Profile today by the Joint Standing Committee on Trade and Investment Growth rightly highlights the need to broaden Australia’s trade base to reduce reliance on any one market.
Broadening our customer base will improve the security of demand for Australia’s industries, just as security of supply is vital for countries with which Australia trades.
In this context, it is important to note that Australia’s resources sector is not overexposed to China. For example, when iron ore is excluded from our trading profile, China only represents 15 per cent of Australian resource exports.
Australia needs to pivot its approach to trade and investment: report
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Ν Φαρμάκης: «Η Δυτική Ελλάδα αποκτά το δικό της Επενδυτικό Προφίλ»
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