SYDNEY: Australia's trade minister flew to Beijing on Thursday (May 11) on a mission to demolish all Chinese import barriers after years of punishing sanctions and unofficial bans. Trade Minister Don Farrell said he aimed to secure unrestricted commerce with China, Australia's largest trade partner with a
SYDNEY: Australia's trade minister flew to Beijing on Thursday on a mission to demolish all Chinese import barriers after years of punishing sanctions and unofficial bans.
Farrell, who is to meet with China's commerce minister, Wang Wentao, said fully reopening trade would benefit exporters and producers in both countries. China slapped hefty tariffs on key Australian exports such as barley, beef and wine in 2020, showing its readiness to leverage its economic muscle at the height of a bitter dispute with the former conservative government.
Australia retaliated by complaining to the World Trade Organization, alleging China had breached international obligations by artificially jacking up tariffs"without justification".Their icy relations appear to have thawed since Australia's centre-left government adopted a less confrontational approach to China following its election a year ago.
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