Sdney
Small and medium-sized enterprises (SMEs) in the State of Western Australia (WA) have been encouraged to engage in the lucrative Asian marketplace to help lift the economy out of the pandemic crisis.
Businesses wanting to enter key Asian markets can access a total of 200,000 Australian dollars (143,000 U.S. dollars) in grants aimed at creating jobs by diversifying trade with Asia, officials said late Tuesday.
“Despite the constraints imposed by the COVID-19 pandemic, there is still plenty WA SMEs can do to facilitate trade with key Asian markets,” WA Asian Engagement Minister Peter Tinley said. The grants will help companies deal with issues created by the pandemic, such as travel bans and shipping disruptions, by adopting new business models, developing export plans that manage COVID-19 implications or accessing entirely new markets in the Asian sector.–APP