Area
Australia
Commodity Group
Milk and dairy products
Commodity
Dairy products
Date
20/04/2020
Policy Category
Trade
Policy Instrument
Government support
Description
Announced a temporary measure to help restore critical global supply chains that have been impacted by COVID-19 containment measures around the world. Called the International Freight Assistance Mechanism (IFAM), it is worth AUD 110 million (around USD 69 million). The IFAM helps producers of high-value agricultural and fisheries products, including dairy products, to resume servicing supply contracts with their international customers.
