Skip to content
NH News Hub

NH News Hub

NH News Hub deliver You Latest News & Today Headlines from Entertainment, Business, Sports, Health, technology, etc. Exclusive News of the day

  • Home
  • National
  • World
  • Entertainment
  • Business
  • Sports
    • AFL
    • Cricket
    • Football
    • Rugby
    • Basketball
    • Tennis
  • Technology
  • Health
  • Home
  • Business
  • ‘Deep disappointment’ over China fail
  • Business

‘Deep disappointment’ over China fail

nhnewshub@gmail.com3 years ago3 years ago05 mins
‘Deep disappointment’ over China fail

Trade Minister Don Farrell’s empty-handed return from China has been met with disappointment from exporters and the Coalition alike.

Senator Farrell mentioned final week’s go to to Beijing – the place he had talks with Chinese Commerce Minister Wang Wentao – was “successful and constructive” and marked a significant step in re-stabilising the connection that has been underneath pressure since 2020.

But his opposition counterpart Kevin Hogan expressed “deep disappointment” that the go to had not delivered any reduction from China’s “punitive, unfair and illegal trade sanctions on Australian exports”.

After years of strained diplomatic and commerce relations, final week’s talks marked the primary in-person commerce dialogue since 2019.

Beijing is within the strategy of reviewing its 80 per cent tariffs on Australian barley following Australia’s suspension of a World Trade Organisation software earlier this yr to overturn the impediments.

Senator Farrell mentioned Australians shouldn’t count on the tariffs to “mysteriously disappear”, noting there was a course of concerned.

Trade Minister Don Farrell met with Chinese Commerce Minister Wang Wentao in Beijing last week.
Camera IconTrade Minister Don Farrell met with Chinese Commerce Minister Wang Wentao in Beijing final week. Credit: Supplied

Instead, he mentioned he hoped the tariffs could be eliminated inside months, paving the way in which for impediments on Australian wine and lobster to even be wound again.

“We’re hopeful that that decision will remove those tariffs, and then we can get back to work on normal trade with barley,” Senator Farrell advised ABC Radio.

“What I’ve said to the minister is that this process is the process we’d like to use to then resolve the issue of wine, but there are other issues like biosecurity issues we need to work through in respect of other products like meat, like lobsters.

“My objective in this process is to simply persevere and persist so that at the end of the day, all trade impediments are removed and we’re back to a stable relationship with China.”

Senator Farrell described the visit as ‘successful and constructive’ despite there being no breakthrough on trade.
Camera IconSenator Farrell described the go to as ‘successful and constructive’ regardless of there being no breakthrough on commerce. Credit: Supplied

Given the shortage of concrete bulletins of breakthroughs, Mr Hogan mentioned he had hoped for extra.

“I publicly supported the Trade Minister’s visit to China as a positive step in the trade relationship thaw but nevertheless join the many exporters who are disappointed that it delivered no dividend in sanction relief,” he mentioned in an announcement.

“I join with the Trade Minister in asking the Chinese government to go one step further from enhance dialogue and remove the sanctions.”

Mr Hogan acknowledged the go to itself was a step ahead and mentioned he regarded ahead to assembly with Senator Farrell to get a “first-hand account of his visit and clarity on the next steps towards the complete removal of the trade sanctions”.

Source: www.perthnow.com.au

Tagged: australia Business Federal Politics Leadership news NT News politics QLD News Regional WA TAS News VIC News World News

Post navigation

Previous: Nine’s highest paid stars revealed
Next: Gaza rocket fired at Israel, militants say in error

Related News

Infoway Marketing told about the growing interest in the Pre-IPO of the Swiss holding Si14 AG

nhnewshub@gmail.com6 months ago6 months ago 0
Cost of Aussie breakfast staple to soar

Cost of Aussie breakfast staple to soar

nhnewshub@gmail.com2 years ago2 years ago 0
Energy storage sites earmarked to keep the lights on

Energy storage sites earmarked to keep the lights on

nhnewshub@gmail.com2 years ago2 years ago 0
  • Privacy Policy
  • Terms and Conditions
  • DMCA
  • Contact Us
  • About Us
  • Sitemap
Trendy News - News WordPress Theme. All Rights Reserved 2025. Powered By BlazeThemes.