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Strategic Cooperation and Partnerships Between Australia and South Asia - Economic Development, Trade, and Investment Opportunities Post-COVID-19 (Hardcover)
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Strategic Cooperation and Partnerships Between Australia and South Asia - Economic Development, Trade, and Investment Opportunities Post-COVID-19 (Hardcover)
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Due to the Covid-19 global pandemic, Australia and South Asian
Countries have experienced significant disruption in international
trade, investment, travel for business and higher education,
tourism, and supply chains. It is important to reflect and address
some of the key issues and challenges faced by Australia in this
sector and analyze potential recovery strategies for the future.
Inevitably, in the coming decade, Australia will need to pursue its
interests in a more competitive and contested world. This pandemic
has witnessed an intensified trade war of Australia with its
strongest bilateral trade partner China, threatening an increasing
number of industries in Australia such as agribusiness, forestry,
and mining. A nearsighted solution to this problem does not seem
feasible, given the recent diplomatic fallout between the two
nations. Australia thereby needs an alternative strategic bilateral
coalition to combat this situation and progress towards a
sustainable economic goal. Based on the above scenario, the core
objective of this book is to suggest and explore that South-Asian
nations could be the prominent focal point for Australia to move
forward, as it is a large market with population nearing two
billion. This book will provide an overview of the Australian trade
and investment relationship with South Asian Countries, identify
trends and developments of the bilateral trade relationship of
Australia with South Asian countries (in strategic areas of trade,
travel, investment, and education), and will shed light on the
future opportunities for development and partnerships for economic
growth, trade in goods and services and tourism between Australia
and South Asia. It will also display how Australia can play a
leading role amongst the SAARC countries (Afghanistan, Bhutan,
Bangladesh, India, Maldives, Nepal, Pakistan, and Sri Lanka) to
cooperate for their individual national economic development and
growth objectives and be best prepared to meet the United Nations
Sustainable Development Goals (SDGs) for the future.
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