Australia unveils $1.3bn fund for investment with ASEAN

News Snapshot:

The financing was announced by Prime Minister Anthony Albanese during a three-day conference in Melbourne with leaders of the ASEAN forum, which consists of ten nations Australia's Prime Minister Anthony Albanese greets Secretary-General of ASEAN, Dr Kao Kim Hourn at the ASEAN-Australia Special Summit, in Melbourne, Australia. Reuters On Tuesday, Australia announced intentions to increase its investment in Southeast Asia, allocating $1.3 billion to support commerce in a region experiencing growing economic power. The financing was announced by Prime Minister Anthony Albanese during a three-day conference in Melbourne with leaders of the ASEAN forum, which consists of ten nations. “The...