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

I thank Senator Sterle for his supplementary question. The 2023 APEC agenda and the IPEF outcomes were complementary. Both help to build a more resilient and interconnected region, promote an innovative environment for the sustainable future and strengthen an equitable and inclusive future for all. In San Francisco I was pleased to sign Australia up to the new IPEF supply chain agreement. This is a practical agreement that will help fix future supply chain crises fast, easing cost pressures on households by getting more product into the market. Prime Minister Albanese also announced the creation of an IPEF critical minerals dialogue, which will enhance Australia's role as a renewable energy superpower. Outcomes such as these will strengthen Australia's ties with our trading partners.