BHP Billiton Chairman Strongly Advocates For Free And Fair Trade - Quick Facts

(RTTNews) - BHP Billiton Plc (BHP.AX, BLT.L, BBL, BHP) stated that the Group strongly advocates for free and fair trade which is a critical driver of global wealth creation. The Group said trade restrictions pose a real threat to economic growth by diverting trade flows, affecting prices and discouraging investment.

Speaking at AGM, Ken MacKenzie, Chairman, said: "We work in an uncertain world and, for this reason, it is important that BHP is well positioned to weather any challenge. We closely monitor the external environment, in particular the market volatility triggered by current global trade tensions. Though we have not seen a material impact on our business, we remain cautious in the near term."

BHP Billiton said fiscal 2018 was a good year, and the Group is on course to make further progress in 2019. The Group said it will maximise value for shareholders through making the right portfolio decisions and through consistent capital discipline.