Noosa News
Live export industry seeks stability, recognition with Cambridge Global Payments partnership
The council representing the nation’s livestock exporters says a new deal inked with a currency risk management firm will shore up corporate support for the $2 billion sector.
Key points:
- Livestock exporters’ peak body has announced a deal with a Canadian-based payment services company
- Its CEO says the deal is also part of push to cement the live export industry’s legitimacy
- Currency risk mitigation strategies are crucial amid turbulent economy, a business expert says
The Australian Livestock Exporters’ Council (ALEC) announced a partnership arrangement with Cambridge Global Payments, an international payment platform and currency risk business.
ALEC chief executive Mark Harvey-Sutton said the deal with the Canadian-headquartered company…
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