Gina Rinehart’s Hancock Prospecting and Saudi state-backed Maaden recently won the right to dig for metals together in the kingdom that estimates it has $2.5 trillion in minerals underground.

The Philippines had aspired for access to the Australian market for bananas in 1995—the same year it joined the World Trade Organization, which was created by the Uruguay Round of the General Agreement on Tariffs and Trade (GATT).