CANBERRA: A series of Australian government grants will help exporters boot their online engagement with key overseas markets to aid economic recovery from the Covid-19 pandemic. Queensland Premier and Minister for Trade Annastacia Palaszczuk explained the scheme was part of her state's COVID-19 pandemic recovery plan.
Officials in Australia announced on Tuesday that an amount of 400,000 Austrian Dollar would be used to help local companies that already had an e-commerce deal and wanted to boost engagement, reports by Xinhua. "E-commerce is booming all over the world as more consumers in more markets see value in the convenience of online purchasing and home delivery.
"Covid-19 impacted the global economy and has brought substantial challenges to export businesses including increases in air-freight costs and lower availability of those services," she said. "So there's an opportunity for Queensland exporters to use e-commerce to achieve higher returns," Palaszczuk added.
The state is Australia's second-largest exporter in terms of value, much of which is made up of agricultural products such as meat, fruit and vegetables, which have a reputation for being among the best in the world.
Individual companies will be eligible for grants up to 10,000-Australian-dollar as well as the guidance of Trade and Investment Queensland.