US-Australia trade relationship a ‘very busy two-way street’

US-Australia trade relationship a ‘very busy two-way street’

The business relationship between the US and Australia is a “very busy two-way street,” said April Palmerlee, the CEO of the US Chamber of Commerce in Australia.

With a trade and investment relationship worth nearly $2 trillion, Mr. Palmerlee said the relationship is “very, very important to both countries”.

“Australia is way above its weight, with the US investing over a trillion dollars here in Australia.

Ms Palmerlee told Sky News Australia that US business growth in Australia boomed after World War II, “because of Australia-US cooperation”.

“That was really the beginning of a very fruitful relationship, economically.”

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