Noosa News
North Korea highlighted as emerging market by Australian Wool Innovation
Australia’s major wool research and marketing body has been forced to back down after identifying North Korea as an emerging market for Australian producers in a strategic document.
Key points:
- North Korea has been identified as a key target market for Australian wool by AWI
- It is illegal to trade goods from Australia to North Korea
- AWI says North Korea is the least preferred of seven emerging markets
The taxpayer and farmer-funded Australian Wool Innovation (AWI) listed the rogue state as one of its seven “key target markets” in its latest Emerging Markets Strategy.
But United Nations sanctions enforced by Australia prohibit the sale of almost all goods to the country.
AWI’s strategy, seen by the ABC, also identified Bangladesh, Bhutan,…
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