Prime Minister Anthony Albanese has declared Indonesia is central to Australia’s trade diversification away from China, as retail giant Wesfarmers reveals it is leading a shift to sourcing goods from Indonesia.
| Prime Minister Anthony Albanese has declared Indonesia is central to Australia’s trade diversification away from China, as retail giant Wesfarmers reveals it is leading a shift to sourcing consumer goods from Indonesia to hedge against supply chain disruption.
Anthony Albanese during a business dinner in Jakarta, Indonesia, on Monday, with CBA boss Matt Comyn .A fortnight after being sworn in, Mr Albanese has used his first overseas bilateral visit to deepen economic ties with Indonesia, which he said were underdone. Following, he also signalled increased defence co-operation in response to China’s growing assertiveness.
Expanding on those comments on Tuesday while visiting the port city of Makassar in eastern Indonesia, Mr Albanese said both India and Indonesia had significant prospects as markets for Australia to tap into.
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