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Australia

COP31: Unusual ideas in dispute over venue

Turkey and Australia continue to compete for COP31, with Australia appearing to be the favorite. But a withdrawal is hardly an option for Turkey. If the two countries fail to reach an agreement, it could be Germany's turn again.

By Selin Ugurtas and Nico Beckert

Australia is facing a number of political challenges that are putting the country to the test. Climate change and its far-reaching effects, from extreme weather events to threats to the Great Barrier Reef, require urgent action. Migration and asylum policy remains a controversial issue, while relations with major powers such as China and the US require diplomatic fine-tuning. At the same time, the government and society are struggling to promote indigenous rights and combat social inequality. Added to this are the after-effects of the COVID-19 pandemic, which have exacerbated economic and health tensions. Read the latest Australia news from the Table.Briefings editorial team here! What challenges are Australia's politicians facing? Australia's politics face several challenges. These include dealing with climate change and its impact on the environment and economy, particularly in relation to extreme weather events and the preservation of the Great Barrier Reef. Migration and asylum policy remain controversial, while relations with China and the US require a diplomatic balance. Other challenges include promoting indigenous rights and tackling social inequality. The COVID-19 pandemic has also exacerbated economic and health tensions that require sustainable crisis management and economic recovery. All of these issues have a significant impact on the political climate and decision-making. What is the relationship between Australia and Germany? The relationship between Australia and Germany is strong and diverse, characterized by shared values and interests. Both countries cooperate closely in the areas of trade, science and technology, as well as on global issues such as climate change and security. Bilateral trade is flourishing, with Germany being one of Australia's most important trading partners in Europe. Cultural exchange and tourism promote mutual understanding and cooperation. Politically, Australia and Germany work together in international organizations and support each other in global initiatives. Overall, the relationship is based on mutual respect and a long history of cooperation and friendship. What is the relationship between Australia and Nigeria? The relationship between Australia and Nigeria is mainly characterized by economic cooperation and diplomatic exchanges. Australia imports Nigerian oil and exports mainly agricultural products and services to Nigeria. Both countries cooperate in the fields of education, mining and technology. Australian companies are active in the Nigerian mining sector and there are efforts to further deepen trade relations. Diplomatically, both countries maintain embassies and have regular exchanges. Despite the geographical distance, Australia and Nigeria are working to strengthen their bilateral relationship and represent common interests in international forums, providing a solid foundation for future cooperation. What is Australia's economy like? Australia's economy is robust and highly diversified, with the services sector making the largest contribution, followed by mining, agriculture and manufacturing. Mining, particularly the extraction of iron ore, coal and natural gas, plays a central role and drives exports. Agriculture supplies important products such as wheat, wool and beef. Australia's stable political situation and advanced infrastructure encourage foreign investment. Trade with Asia, especially China, is of great importance. Despite challenges such as climate change and global market volatility, Australia remains one of the strongest economies in the world with a high quality of life and a well-developed social system. What role does agriculture play in Australia's economy? Agriculture plays a crucial role in Australia's economy. It contributes significantly to exports and supplies international markets with products such as wheat, wool, beef, sheep's wool and wine. The industry is a major employer, particularly in rural areas, and supports numerous associated industries such as transportation, processing and trade. Australian farmers use advanced technologies and sustainable practices to maximize efficiency and environmental protection. Despite challenges from drought and climate change, agriculture remains a stable and growing sector that contributes significantly to the country's economic stability and development. How does mining affect Australia's economy? Mining is a central part of Australia's economy and contributes significantly to gross domestic product (GDP). Australia is rich in natural resources such as iron ore, coal, gold and natural gas, and the export of these commodities is a key driver of economic growth. The sector creates jobs, both directly in the mines and indirectly in related industries such as transportation and services. Income from mining promotes investment in infrastructure and public services. However, mining also brings challenges such as environmental impacts and dependence on global commodity prices, which can affect economic stability. Which countries are Australia's most important trading partners? Australia's most important trading partners are China, Japan, the USA and South Korea. China is the largest trading partner, with Australia exporting large quantities of iron ore, coal and natural gas and importing consumer goods. Japan and South Korea are also important buyers of Australian raw materials and energy products. The USA plays a central role in trade as well as in investment and technological cooperation. Other important trading partners are the ASEAN countries, the European Union and India. These countries are key to the export of agricultural products, minerals and services, which supports the diversification and stability of Australia's trade relations. What goods does Australia import and export? Australia mainly exports raw materials and agricultural products. Key exports include iron ore, coal, natural gas, gold, beef, wheat and wool. These raw materials and foodstuffs find international markets, particularly in Asia. Services, such as education and tourism, are also important exports. Imports are dominated by consumer goods, vehicles, machinery and electronics. Australia also imports processed foods, chemical products and medicines. These goods come primarily from countries such as China, the USA, Japan and Germany. Trade in these goods supports economic diversity and the supply of needed products to the Australian market.