Senate debates

Thursday, 7 September 2023

Questions without Notice

Trade with China

2:11 pm

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

I thank Senator Sterle for his second supplementary question. A priority of the Albanese government has been to work to stabilise our relationship with China, by far our largest trading partner. But recent experience demonstrates that overreliance on any single trading partner comes with risks. The Albanese government has been encouraging Australian business to continue with their diversification plans and to take advantage of new and emerging markets. A key element of the government's trade diversification agenda is entering into new and comprehensive free trade agreements. The United Kingdom and Indian markets—

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