Australian exports: stuck in a slow lane
AUSTRALIA needs to improve its export procedures now, or risk being left behind on the international trade stage. That is the message from Deakin University international trade expert Dr Cong Pham, whose latest research in association with the World Bank revealed that Australia took much longer to export goods than some OECD peers due to red tape.
“The size of Australia’s economy is relatively small and consequently greater access to the foreign market is of critical importance,” Dr Pham told Lloyd’s List DCN.
“If Australia does not improve its export procedures then its exports, especially time sensitive...
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