BIMP-EAGA and NT to conduct supply chain study

Ministers and high-level officials from the Brunei Darussalam Indonesia Malaysia the Philippines East ASEAN Growth Area (BIMP-EAGA) and Australia’s Northern Territory (NT) expressed support to the full implementation of a supply chain study aimed to assess interregional trade between the sub-region and the Australian territory.

At the recently concluded 4th Darwin Dialogue held last April 27, 2016 at the Darwin Convention Centre in Australia, the ministers and senior officials of the two areas welcomed the preparation of a preliminary scoping report of a supply chain study. The study is designed to benchmark current goods and supply channels from BIMP-EAGA into and out of Australia.

In a joint-statement released during the dialogue, the ministers and senior officials lauded the efforts in identifying potential regional and global supply chain opportunities that promote inclusive growth within EAGA and NT.

He explained that the supply chain study supports initiatives under the Plan of Action for BIMP-EAGA and Northern Territory Cooperation for 2016-2020 which identified priority areas of cooperation which include education, trade and investment, tourism, agriculture, connectivity, and health.