Australian Government Sets Up $2 Billion Fund to Boost Trade With Southeast Asia

The move underscores the government’s commitment to fostering strong partnerships and seizing opportunities in Southeast Asia’s growing markets.
Australian Government Sets Up $2 Billion Fund to Boost Trade With Southeast Asia
Australia's Prime Minister Anthony Albanese speaks in a press conference during the 50th ASEAN-Australia Special Summit in Melbourne, Australia on March 5, 2024. William West/AFP via Getty Images
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A new $2 billion fund has been set up to try to improve Australian trade and investment opportunities in Southeast Asia, according to an announcement by Prime Minister Anthony Albanese.

It follows a key suggestion from the government’s special advisor Nicholas Moore, who proposed last year that the government create a “strategic investment facility” for infrastructure projects in the region, leveraging Export Finance Australia.

Isabella Rayner
Isabella Rayner
Author
Isabella Rayner is a reporter based in Melbourne, Australia. She is an author and editor for WellBeing, WILD, and EatWell Magazines.
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