Why the land of K-Pop and Squid Game could play an important part in Australia's trade future

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It's a trade relationship worth more than $38.9 billion, and it could get even bigger as Korea looks to Australia for natural resources and energy.

abc.net.au/news/south-korea-looks-to-invest-in-australian-resources/101349628In the agricultural hub of Dalby, on Queensland's Western Downs, there is little sign of the region's growing economic ties with South Korea.South Korean businesses are looking to invest in Australia to help decarbonise its economyThe closest link between the town of 12,000 people and the country of 51.7 million people is a Korean restaurant 100 kilometres down the road in Toowoomba.

The company's chief executive Ian Davies recently spoke at an energy conference in Dalby, saying Korean companies were looking to Australia due to its reputation as a safe investment destination. "They have very clear decarbonisation ambitions, and I think Australia and Korea share that goal to ... decarbonise together."Korea is Australia's fourth-largest trading partner, a relationship worth $38.9 billion in 2019–20.

"If technology moves forward as it is on hydrogen, the prospects for us becoming a major supplier of hydrogen to the Korean market are very good."But beyond some of Korea's cultural exports like Squid Game and K-Pop, Mr Paterson said there was little understanding of the country from Australians. Mr Davies said Korea was watching to see whether the federal government would pull the "gas trigger" to reserve supplies for domestic use.

 

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Is that the best you could think of regarding South Korea? Pathetic that you people get paid to be so insulting!!

you mean one of the world's biggest economies

So the ABCRural and is still in the business of promoting fossil fuel destruction of Australian farmland. Need to lift your game ABCRural and look after the people who live in regions and not the foreign companies who are the business of destroying artesian water.

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Hey ItaButtrose it's called SouthKorea you wombat DefundTheABC

Bruh you can just say South Korea 🤦🏻‍♀️

Land of what and what? I think this is perfect example of how the legacy media dumb down the population.

Could you not just say ‘Korea’

More Chinese infiltration ffs

Just say: 'South Korea'. Why reduce them to K-pop & Squid Game?

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