Australia bullish on trade with PH: minister | ABS-CBN
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Australia bullish on trade with PH: minister
Australia bullish on trade with PH: minister
ABS-CBN News
Published Apr 21, 2023 11:51 AM PHT
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Australia’s Trade Minister Don Farrell said his country is bullish about two-way trade with the Philippines despite concerns over a possible global economic slowdown. Farrell is on a working visit to the Philippines until April 25.
Australia’s Trade Minister Don Farrell said his country is bullish about two-way trade with the Philippines despite concerns over a possible global economic slowdown. Farrell is on a working visit to the Philippines until April 25.
He says that while both countries are part of the RCEP ans several other free trade deals, the Philippines should still pursue a bilateral free trade agreement with Australia. He says this will benefit the mineral and agriculture sectors.
He says that while both countries are part of the RCEP ans several other free trade deals, the Philippines should still pursue a bilateral free trade agreement with Australia. He says this will benefit the mineral and agriculture sectors.
Two-way trade between Australia and the Philippines reached $6.2 billion in 2021. Australia's trade with Vietnam meanwhile hit nearly $18 billion, while trade with Thailand reached $25 billion.
Two-way trade between Australia and the Philippines reached $6.2 billion in 2021. Australia's trade with Vietnam meanwhile hit nearly $18 billion, while trade with Thailand reached $25 billion.
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