In Jakarta today, Prime Minister Anthony Albanese will release Australia’s Southeast Asia Economic Strategy to 2040, which sets a more active government role in promoting trade and investment links.
While Australia is using all elements of statecraft to build strong defence, diplomacy and development relationships with a crucial region, there’s a gap where economic activity should be. This strategy aims to redress that.
There is no doubt the Albanese government sees Southeast Asia as vital for Australia’s security and prosperity. From the Defence Strategic Review to the new International Development Policy, it’s clear partnerships with Australia’s northern neighbours are a key priority.
