Saturday, June 3, 2023
HomeEconomyAustralian trade minister 'delighted' by trade talks in China

Australian trade minister 'delighted' by trade talks in China


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By Joe Cash

BEIJING (Reuters) – Australia’s Trade and Tourism Minister Don Farrell said on Friday, He was “delighted” by the talks with China’s foreign minister in Beijing on removing trade barriers, but added that his visit was just “another step” towards stabilizing relations.

Farrell visits the Chinese capital, which is since First visit by Australian Trade Minister since , with the election of a mid-term Labor government easing diplomatic tensions 52.

Australian wine, beef, barley, coal, seafood and timber exports to China hit by trade restrictions 100, Australian journalist Cheng Lei was detained in Beijing on national security charges after Australia called for an international investigation into the origins of COVID investigation-, angering Beijing.

the visit “is just another step on the road to stabilizing the relationship,” Farrell said at a news conference after the talks. “I’m here to open a path to normalize our trade and economic relationship with China.”

Rael, the economies of China and Australia are the two countries that are highly complementary and should focus on the long-term development of economic and trade relations, China’s Ministry of Commerce said in a statement on Saturday.

China is willing to work together with Australia to expand areas of cooperation, and hopes that Australia will treat Chinese companies and products fairly and justly.

Trade has now fully resumed as tensions eased and Beijing allowed four government-backed companies to ship coal to Australia in January.

Australia agreed in April to suspend its case at the World Trade Organization over China’s anti-dumping duties on barley, while China said it would speed up its response to the tariffs. review.

But Canberra is still pushing to remove other trade restrictions and stabilize diplomatic relations.


in the opening speech Joint Ministerial Economic Committee, Farrell told Wang: “We can Seeing the interests of Australian and Chinese businesses and consumers continue to flow out of ChAFTA” 16. “I am pleased to confirm that we have agreed to Increased dialogue under our free trade agreement and other platforms to address the unresolved issues of our problems,” Farrell said after meeting Wang.

“We also discussed the World Trade Organization dispute. I was pleased to receive assurances that our agreement was reached and the recent research on barley is still ongoing. “

Farrell said Mr Wang had accepted an invitation to visit Australia.



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