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The Australian federal government is supportive of biotechnology and has committed considerable long-term funding to research and development.

Tunisia postponed non-urgent reforms throughout 2021 due to an unstable political environment and the COVID-19 pandemic. As a result, there is no timeframe for Parliament to review and vote on Tunisia’s biosafety framework, and so the policy, which was drafted in 2014, remains on hold.

Milk production in 2022 in Australia is forecast to increase moderately to 9.1 million metric tons (MMT) after a falling in 2021 to an estimated 9.0 MMT, a one percent decline from 2020.

Australia is a prosperous and industrialized nation with a stable economy. Underpinning Australia's strong economy is its open and transparent trade and investment environment, and trade and economic links with emerging economies, particularly in Asia.