That is what the Action Agenda is all about. I am convinced of our forest industries potential to become major internationally competitive growing, value adding and export industries. The objective is to establish very clear goals and priorities under the Action Agenda for the Commonwealth, States, industry and other key players, as well as key milestones in addressing industry development. I am genuinely excited about the possibilities and look forward to bringing forward this Action Agenda, our collective blue print for the future, during April. An expanding well-located plantation resource brings opportunities.
Dissolving pulp is a specialty pulp grade that can be made from hardwood or softwood.
It is one example of an attractive opportunity in the right circumstances, of possible interest to some of the plantation development groups in Western Australia. In parallel with the Action Agenda, we are also taking initiatives to ensure that customers and consumers are confident that they are buying products from sustainably managed forests. Australian forest managers have already implemented a high standard of forest management through thorough planning and professional harvesting practices. The Commonwealth and State forests Ministers are now embarking on the development of an Australian Forestry Standard that will allow our forest management and the products we produce to be independently audited and certified against an agreed standard of sustainable management. This will involve an open and transparent process to which all stakeholders can contribute.