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Global Trade Alert

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Australia: The Australian government announces an AUD 2 billion allocation supporting the critical raw materials sector

Description

On 25 October 2023, the Australian government announced an allocation of AUD 2 billion (approx. USD 1.27 billion) towards the Export Finance Australia (EFA)-managed Critical Minerals Facility. The fun...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

25 Oct 2023

Revocation date

28 Sep 2031

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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