Senate debates

Wednesday, 6 September 2023

Questions without Notice

International Relations: Australia and South-East Asia

2:34 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

I thank Senator Ciccone for his fine first supplementary question. Australia's Southeast Asia Economic Strategy to 2040 is a long-term strategy with 75 recommendations. Today the Prime Minister announced three immediate priority initiatives to help Australian businesses realise these opportunities. We've committed $70.2 million for new Southeast Asian Investment Deal Teams to identify and facilitate Australian investment in our region in areas like infrastructure and the clean economy. We will deliver $19.2 million to the Southeast Asia Business Exchange program to boost trade by organising Australia's trade missions to the regions, and we've launched a $6 million professional exchange Pilot Program for Young Professionals. (Time expired)

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