Australia Arab Chamber of Commerce and Industry, Media Release, 24 June 2021
Rising global tensions and the COVID pandemic have created the perfect storm for Australian exporters.
Now is the time to protect our business from supply chain interruptions and ensure the resilience of our economy. Australian businesses cannot prevent these external economic shocks, but they can manage risk by diversifying their economic relationships.
Economic recovery for export-focused businesses will depend on new connections with international partners. Despite its many challenges, the crisis offers a historic opportunity to build more diversity and resilience into Australia’s economic relationships as it builds a post-COVID-19 future.
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Related story: Middle East and North Africa essential to our export market recovery – Australia Arab Chamber of Commerce and Industry report