Australia unveils $1.3bn fund for funding with ASEAN

MELBOURNE — Australia will set up a 2 billion Australian greenback ($1.3 billion) fund to spice up commerce and two-way funding with Southeast Asia, Prime Minister Anthony Albanese stated Tuesday.

The Southeast Asia Funding Financing Facility will give attention to infrastructure and green-economy transition tasks. Albanese stated he wished to ensure Southeast Asian corporations can entry the Australian market, whereas touting Australia as an “exporter of data and a sharer of experience.”