(Image source: Adobe Stock)
According to News Channel Nine, the National Farmers Federation of Australia urged the federal government to invest A$35 billion in a preliminary budget report to find new export markets and improve the supply chain.
The goal of the agricultural industry is to increase the annual output value to 2030 billion Australian dollars by 1000.The report warned that without government support, this goal would be "seriously challenged" by the trade dispute.
Tony Mahar, President of the Australian National Farmers’ Federation, said that the recent supply chain disruption will cost the agricultural industry A$10 billion in the past 369 years. “To deal with these disadvantages, a long-term trade strategy must be adopted to deepen the existing Market cooperation will diversify export destinations, improve supply chains, and build Australia’s domestic value-added capabilities."
According to reports, as Australia-China relations have fallen to a new low, Australia's agricultural industry has become a target of Beijing's strikes over the past year.Beijing has imposed trade sanctions on Australian seafood, barley, wine and other exports.
Trade Minister Dan Tehan told News Channel XNUMX that he welcomes proposals from industry stakeholders, but he will not comment.
"Chinatown" Fb shares selected Australian news daily, so that you can know the latest Australian news at anytime and anywhere @玩, @Immigration, @生活信息: https://www.fb.com/news.china.com.au/
[Welcome to the news to discuss cooperation! 】WeChat subscription account: news-china-com-au