Australia should enhance competitiveness to eliminate risk of losing global influence | International Business Times, March 2017

27 Mar 2017 |

The Australian Chamber of Commerce and Industry (ACCI) has called for making the country’s economic competitiveness stronger to prevent its global influence from hurting. In addition, the group also suggests more measures be taken to pursue policy interests in the Indian Ocean rim.

According to ACCI, which made its suggestions in a submission to the foreign policy white paper, the nation will face challenge as other countries rise in global economic rankings. “Australia needs to ensure we are on a trajectory to regain and cement our position as a leading global economy. Failure to do so creates the risk we will become less influential in global forums such as the United Nations, World Trade Organisation and G20,” the group said.

Read the article on the International Business Times website.

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