Senate debates

Thursday, 21 March 2024

Questions without Notice

Trade

3:01 pm

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

My very good friends the Americans! The Indo-Pacific Economic Framework brings together 14 of the most dynamic and fastest-growing economies in the Indo-Pacific region, with members making up over 40 per cent of global GDP. This month I participated in a virtual IPEC ministerial meeting with my very good friend the United States Commerce Secretary, Gina Raimondo, which involved the release of key text of agreements. An important agreement under IPEC is the supply chain agreement. When implemented, the supply chain agreement will help address concentrations in critical supply chains and promote Australia's— (Time expired)

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