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| Australian Prime Minister Anthony Albanese speaks at the ceremony. (Photo: Nhat Bac) |
Over the past year, according to Prime Minister Anthony Albanese, Australia has sent 220 business delegations to Southeast Asian countries to seek investment opportunities, established a 2 billion AUD investment support fund, thereby increasing the value of FDI in the region by over 1 billion AUD with the effective support of 3 newly established or about-to-be-established Investment Promotion Centers in Ho Chi Minh City, Jakarta and Singapore.
Australia has also increased 130 scholarships for the region, rolled out a 22.5 million AUD Mekong Subregion Support Package and increased visa duration for ASEAN businesses from 3 to 5 years.
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| Prime Minister Pham Minh Chinh speaks at the ceremony. (Photo: Nhat Bac) |
Speaking at the event, the Prime Minister highly appreciated Australia's Southeast Asia Economic Strategy 2040, emphasizing that ASEAN's development cannot be without the positive contributions of Australia, especially from private enterprises.
The Prime Minister suggested that Australia pay attention to developing balanced trade, investing in infrastructure and logistics connectivity projects, and implementing cooperation in traditional fields as well as new fields such as digital economy, green economy and innovation.
The Prime Minister also asked Australia to pay attention to expanding cooperation in education and training, labor cooperation and youth cooperation to create new breakthroughs for ASEAN-Australia economic relations in the coming years, in line with the newly established ASEAN-Australia Comprehensive Strategic Partnership in 2021.
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| Overview of the ceremony to celebrate the first anniversary of implementing Australia's Southeast Asia Economic Strategy 2040. (Photo: Nhat Bac) |
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