Australia to Boost Export Grant Efforts
Australia will award an additional $80 million in funding to help its traders find new export markets, the country's trade minister said Dec. 23. The funding will be provided over the next four years to small and medium-sized businesses, which…
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can use the export grants to “stand out in new international markets” and “expand in existing markets, amid fierce competition,” Trade Minister Dan Tehan said. Australia this year received more than 5,300 applications for export grants, the highest in the history of its Export Market Development Grants program.