The Australian parliament’s standing committee on foreign affairs, defense and trade is conducting a visit to Dubai this week, to explore business opportunities and assess conditions for Australian troops in the Gulf region and Afghanistan.
Two-way trade between Australia and the United Arab Emirates (UAE) hit $1.1 billion last year and has more than doubled in the past five years. Cars comprise the largest Australian export to the region.
Delegation leader Senator Alan Ferguson stated that the Gulf Cooperation Council (GCC) is Australia’s most successful export car market with $275 million worth of cars exported to the UAE alone last year. Toyota Camry models are exported from a manufacturing plant in Victoria to the Gulf. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
