Australia’s trade minister said on Wednesday that China needs to reunite with Australian leaders if it wants to join the important comprehensive and progressive Trans-Pacific Partnership (CPTPP), a regional free trade agreement. Dan Tehan conditioned Beijing’s efforts to improve bilateral relations for this trade agreement, which was signed by 11 countries. Last week, China formally asked to join this important alliance and received support from every member of the agreement, including Australia.
The move comes amid a turbulent geopolitical context in which China has imposed tariffs on a number of Australian products, including wine and barley. Ministers have not been in touch for several months. “When I became Minister of Commerce, I wrote to my Chinese counterpart in January to explain how I could work closely together. I am still waiting for an answerDon Tehan said. “One of the most important things in negotiating for a CPTPP member is to sit down at the ministerial level and look your business partner in the eye and talk about this membership process..
See also – Agus Alliance: “Australia becomes Beijing’s Turkish leader”, explains Sebastian Foleti
Dan Tehan also said that Beijing should resolve disputes within the World Trade Organization (WTO) over tariffs, especially on Australian wine. “All parties must ensure that any new member respects, applies to and abides by the terms of the Agreement and its commitments to the WTO and existing trade agreements.“, He announced.”Everyone plays according to the rules of the game for the benefit of everyone.
Last week, Chinese Trade Minister Wang Ventao put forward China’s official request to join the regional free trade agreement, which accounts for about 13.5% of the world economy. Binding about 500 million people, the comprehensive and progressive Trans-Pacific Partnership won in 2018, previously withdrawn in 2017 by the United States under President Donald Trump. The 11 members of the CPDP must reach a consensus to join Beijing. Australia last week unveiled a strategic military alliance with the United States and the United Kingdom to provide nuclear submarines to counter Chinese influence in the Indo-Pacific region.
“Certified food fanatic. Extreme internet guru. Gamer. Evil beeraholic. Zombie ninja. Problem solver. Unapologetic alcohol lover.”