Aust keen to boost relations
AUSTRALIA will create a multi-billion dollar fund for Pacific island nations to build infrastructure, in a move seen as a bid to counter China’s influence.
Delivering a major policy speech, Australian Prime Minister Scott Morrison said he aims to restore the Pacific to the ‘front and centre’ of Australia’s foreign outlook. Australia will offer up to A$2bn (K4.64bn) in grants and loans to strengthen ties, he said.
Analysts say it is a response to China’s growing presence in the region.
Mr Morrison in a statement yesterday said: “Australia cannot take its influence in the south-west Pacific for granted. I think, sadly, too often we have. This is our patch. This is where we have special responsibilities.”
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