Trade minister to calm Japan, Korea over energy exports

Trade Minister Don Farrell will personally reassure Japanese and South Korean counterparts that Australia remains a reliable supplier of resources after Queensland’s coal royalty hike and speculation over the gas trigger causedIn his first visit as a minister to Tokyo and Seoul, Senator Farrell will also discuss interest in locking in Australia as an alternative source to China of critical minerals, which will require significant investment from Japan and Korea to extract and process materials.

Both countries sought assurances from Canberra that gas exports would not be disrupted when the Albanese government announced in July it would– the so-called gas trigger – until 2030. The government has subsequently negotiated extra gas from suppliers without needing to hit the industry with export controls.

“A key message I will be delivering is that Australia is a stable and low-risk destination for investment, and now is the time to invest in new clean energy projects,” he said,

Don needs to brief his own team first before making such assurances

Dumb colony Australia. We can still have respect for our sovereignty and Australians and be a reliable exporter. Wake up Australians….you are being conned by this binary bullshit. No other Country in the world is as dumb as we are when it comes to sovereignty….Venezstralia?

andrewtillett DFAT_TradeTalk Meanwhile, Australia is importing Pavel Tykac' brown coal expertise to run Vales Point power plant beyond its 50 year life expectancy and enter domestic coal markets

Australian Labor Party belatedly realising how important our mining sector is, how important our international trade deals are after years of flirting with additional taxes, nationalisation and green nonsense andrewtillett

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