This article is an AusTrade release – article in full can be found here.
What is the International Freight Assistance Mechanism?
The International Freight Assistance Mechanism (IFAM) is a targeted, temporary, emergency measure put in place by the Australian Government in response to COVID-19. The mechanism provides funding to help keep international freight routes and flights operating into and out of Australia.
IFAM has helped reconnect crucial global supply chains and supported the import of critical medical supplies, equipment and other goods of national importance. It also provides the opportunity, on the outbound legs, for high-value and time-sensitive perishable products to be exported to established markets. To date, IFAM support of flights has enabled over 160,000 tonnes to be exported or committed for export to 66 international destinations between April and early December.
By keeping key airfreight routes open, IFAM is providing Australian businesses disproportionately affected by COVID-19 time to adapt their business models, adjust to a new and tougher trading environment and preserve jobs.
Find out about support available for businesses.