AUSTRALIA’S PLAN

Waikato Times, Volume 195, Issue 22512, 22 November 1944, Page 4

AUSTRALIA’S PLAN

TRADE AFTER WAR OPENING NEW MARKETS SECONDARY INDUSTRIES (Special Australian Correspondent) (Received Nov. 22, 1 p.m.) SYDNEY. Nov. 22 The Commonwealth Government after the war will seek new markets for Australian wool and foodstuffs to balance the probable loss of part of the English market. Departmental experts who have surveyed the position believe that exports of wool and some foodstuffs will never again reach pre-war levels. They believe that new markets must be found, as well as new goods provided for export. The Minister for Commerce and Agriculture, Mr Scully, has announced the appointment of a permanent committee, comprising representatives of the Chambers ol Commerce and Chambers of Manufactures, together with the heads of Government departments, to develop the export trade in the post-war period. The Minister said that officers of his department for some time have been studying the progress of Empire trade, foreign markets, and the course of action which Australia might follow to develop the postwar trade, which was likely to be more diversified than ever. The most promising markets are considered to be the Netherlands East Indies and Egypt, with encouraging prospects in India and North America. Secondary Industry Products In the Middle East and India it is believed that there is likely to be a strong demand for secondary industry products, as well as food and raw materials from Australia. The development of these markets is expected .to be undertaken by Trade Commissioners to be appointed to all Australian diplomatic missions abroad. Commercial interests have welcomed the setting up of the new Export Committee and suggest that Australia should despatch goods abroad as soon as possible as a token of trade goodwill.