Australian Minister of Trade Farrell will set off to China on Thursday (May 11) to meet with the Minister of Commerce of China Wang Wentao. With the gradual stability of foreign relations between the two countries, strive to promote China to dismiss.Implementing trade barriers.
Comprehensive Bloomberg and Reuters report that this is the first face -to -face meeting between the Minister of Trade, China and Australia since 2019, showing another sign of the relationship between Beijing and Canberra.
According to a press release issued by Farrell before his trip, he will meet with the Minister of Commerce of China Wang Wentao in Beijing to "promote the solution to the current trade barriers."
Farrere and Wang Wentao held video talks in February this year.Farrell said that Wang Wentao was thawed by bilateral relations at the time and was moving towards warm spring.Farier said that since then, the trade of coal, cotton and copper has resumed, and China has also stated that it will accelerate the review of tariffs on Australian barley.
Farrell said: "I will vigorously advocate the comprehensive restoration of the Australian industries to the unimpeded exports of China to the two countries during the visit to benefit the interests of exporters and manufacturers in Australia."
This is the first visit to China since the Australian Minister of Trade. It is a good sign for the economy of the two countries, laying the foundation for strengthening the foreign relations between the two countries.China is the largest trading partner in Australia. Last year, the two countries' trade trade volume reached US $ 287 billion (S $ 380 billion).
Sino -Australian relations have deteriorated since 2017. At that time, Australian Prime Minister Morrison called on April 2020 to call on the international community to conduct investigations on crown disease traceability, which has worsening Australia -China relations significantly.China will restrict the losses of Australian coal, red wine, barley, lobster and other products.
After the Labor government came to power in May last year, Australia -China relations gradually repaired.
Farrell said in April that he is optimistic that China will cancel trade sanctions on export products by Australia by the end of this year.Farrell said he would meet with other Chinese political leaders and corporate representatives during this visit to China.