Fortescue Metals Group (Fortescue) has been welcomed to the Australian Trusted Trader program by Assistant Minister for Customs, Community Safety and Multicultural Affairs Jason Wood MP.
Fortescue is one of the largest iron ore producers in the world, shipping 170 million tonnes of ore per annum from the Pilbara, Western Australia.
"The international trade environment is ever-changing at a rapid pace, Australian Trusted Trader ensures that we are able to maintain a safe and secure Australia. I am honoured to be able to welcome Fortescue to the program," Assistant Minister Wood said.
"Australian Trusted Trader is changing the way we work with our international trading partners in managing the movement of goods across our borders."
"Mutual Recognition Agreements (MRAs) will provide companies like Fortescue, who is the core supplier of seaborne iron ore to China, a more streamlined process for clearing their goods at the border," Assistant Minister Wood said.
Fortescue joins 86 other West Australian businesses in the Australian Trusted Trader program—the third highest state result.
Fortescue Chief Executive Officer, Elizabeth Gaines said "As a proud Australian company, Fortescue is pleased to be welcomed as an Australian Trusted Trader. This recognition will enable us to continue the safe and efficient supply of iron ore, ensuring we meet the needs of our customers"
"Australian Trusted Trader is keeping Australia's border strong, safe and secure and members play an important role in ensuring international supply chain security," Assistant Minister Wood said.
"This allows the ABF to focus resources on traders that present a higher or unknown risk to the Australian community. In return, Australian Trusted Trader gives Australian importers and exporters a competitive edge and greater access to global markets. I encourage all Australian businesses to apply to become a Trusted Trader today."
To find out more about Australian Trusted Trader and to view a full list of Trusted Traders, visit: www.abf.gov.au/trustedtrader