URGENT UPDATE: The National Farmers’ Federation (NFF) is currently on a pivotal mission to bolster trade and food security with Southeast Asian nations, specifically Indonesia and Brunei. The mission, spearheaded by the Australian Trade and Investment Commission (Austrade), involves key meetings and partnerships aimed at strengthening regional ties essential for Australian farmers.
NFF Interim Chief Executive Su McCluskey stated today that developing strong relationships with these countries is crucial for agricultural success. “For decades, Australian agriculture has invested heavily in building and maintaining these partnerships,” she emphasized. “This not only fosters regional security but also aligns with shared goals in trade and food security.”
The latest data reveals that Australian agricultural exports to Southeast Asia have almost doubled over the last five years, with annual trade figures often exceeding $15 billion. Notably, approximately a quarter of all Australian agricultural exports are now directed towards this vital region.
McCluskey highlighted the significance of bilateral ties, noting that trade between Australia and Indonesia in agricultural products, fisheries, and forestry exceeds $5.5 billion annually, making Indonesia Australia’s fifth largest export destination. While trade with Brunei is smaller, it is steadily growing, particularly in red meat and dairy, due to the Australia – Brunei Darussalam Joint Declaration Comprehensive Partnership.
“This mission is about more than just numbers; it’s about the personal connections that underpin goodwill between our nations,” McCluskey stated. She reflected on recent initiatives, such as the hosting of the Indonesian Ambassador by AgForce and Cattle Australia, and the ongoing exchange programs for Indonesian students in the Australian pastoral industry.
Prime Minister Anthony Albanese has also reaffirmed Australia’s commitment to these partnerships by appointing business leader Dr. Nur Rahman as a Business Champion to advance Australia’s Southeast Asia Economic Strategy to 2040 with Brunei.
As demand for Australian food and agricultural products rises—projected to see a fourfold increase in food consumption in Indonesia from 2009 to 2050—the potential for trade and collaboration continues to expand. The NFF recognizes that joint efforts between industry and government are essential to deepen international ties.
“This mission is an excellent opportunity to strengthen our relationships and ensure food security for our regional neighbors,” McCluskey concluded.
Next Steps: As the mission progresses through this week, stakeholders are encouraged to monitor developments closely to understand how these partnerships will evolve. With increasing trade opportunities on the horizon, the implications for Australian farmers and Southeast Asian markets are profound and immediate.
Stay tuned for further updates as this story develops.
