Australian diplomats have issued a strongly worded statement criticising Beijing’s use of economic coercion and warning that its behaviour could undermine the global trading system. Australia’s ambassador to the World Trade Organisation (WTO), George Mina, released the statement as part of the global body’s regular Trade Policy Review process. It said that while increased engagement…
Australia Lays Bare Beijing’s Coercive Trade Policy at WTO
EU Postpones Trade Talks With Australia Following Submarine Row
Trade deal discussions between the European Union and Australia have been suspended as the Australian trade minister flies to the continent. The move comes after French displeasure at Canberra’s decision to cancel a $90 billion (US$64 billion)submarine project, following the signing of the AUKUS deal with the United States (U.S.) and the United Kingdom (UK)…
Taiwan Moves to Join Pacific Trade Pact Before China
Taiwan has formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sept. 20, following China’s bid last week. Taiwan submitted its application to New Zealand, who handles the paperwork for the trade bloc, but warned that if China’s application were approved, it would struggle to join the CPTPP. Taiwan has…
Australia, Japan Likely to Block Chinese Bid to Enter Pacific Trade Pact
Australia and Japan will likely oppose China’s bid to join one of the world’s largest trade agreements unless it halts its economic coercion campaign targeting Australian exports and resumes diplomatic contact. Beijing announced on Sept. 16 that it had formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in a letter…
Australian Looks to Deepen Ties in Indo-Pacific as Free Trade Agreement With India Moves Closer
Australia is looking to deepen ties across the Indo-pacific with Foreign Minister Marise Payne and the Minister of Defence Peter Dutton jetting off on a tour of the region for a series of 2+2 meetings with their counterparts from Indonesia, India, South Korea, and the United States. In a joint press release on Sep. 8, Payne and…
Australia to Take China to WTO Over Wine Tariffs
The Australian government has decided to pull the trigger and launch a second action against China at the World Trade Organisation (WTO), this time over Beijing’s imposition of hefty tariffs on wine exports. The decision is the latest response from Australia after Beijing launched a year-long economic coercion campaign targeting $20 billion worth of major…
UK Trade Talks Up Next for Australian PM Following G-7
Trade Minister Dan Tehan has been working “throughout the night” to get the Australia-UK free trade agreement (FTA) ready for Prime Minister Scott Morrison’s sign-off when he lands in London. Tehan said on Sunday that negotiating teams from the Australian and United Kingdom (UK) governments had made “enormous progress” over the past six weeks and…
China’s Trade War on Australia May Extend to Table Grapes
The Australian government is looking into why China has delayed importing Australian table grapes for the last 20 days, with Federal Trade Minister Dan Tehan stating that he wouldn’t rush to conclude that the industry has become the latest victim of Beijing’s economic coercion Australia. “We’re trying to work out what is the cause of the…
Australian Ministers Still Open for Talks, After Beijing Axes Economic Dialogue Platform
Trade Minister Dan Tehan has expressed disappointment at the suspension of high-level economic dialogue by the Chinese Communist Party (CCP), stressing that the Australian government is always open for talks to resume. On Thursday, the CCP “indefinitely” suspended all future activities under the China-Australia Strategic Economic Dialogue, following last month’s termination of the Belt and…
Australian Ministers Open for Talks After Beijing Axes Economic Dialogue Platform
Trade Minister Dan Tehan has expressed disappointment at the suspension of high-level economic dialogue by the Chinese Communist Party (CCP), stressing that the Australian government is always open for talks to resume. On Thursday, the CCP “indefinitely” suspended all future activities under the China-Australia Strategic Economic Dialogue, following last month’s termination of the Belt and…
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