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Australia PM to visit China, reaches deal to resolve WTO wine dispute

Tan KW
Publish date: Sun, 22 Oct 2023, 08:59 AM
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SYDNEY Australian Prime Minister Anthony Albanese said on Sunday that he would travel to China from Nov 4 to 7 to meet with President Xi Jinping and Premier Li Qiang, with the aim of ensuring a "stable and productive" relationship between the two countries.

Albanese, who took office in 2022 at the head of government intent on patching up relations with Australia's biggest trading partner, said he would visit Beijing and Shanghai on the visit, the first by an Australian leader since 2016, and confirmation of a significant step in stabilising ties.

On the visit, the leaders will discuss cooperation in areas such as economic links, climate change and "links between our people", Albanese said in a statmement.

"I look forward to visiting China, an important step towards ensuring a stable and productive relationship," he said.

"I look forward to further engaging with President Xi and Premier Li in Australia's national interest."

Also on Sunday, Albanese said Australia had reached a deal with China to move forward to solve its World Trade Organization dispute over wine, potentially clearing the way for the resumption of imports that were worth US$800 million a year before the duties were imposed in 2020.

"We welcome China's agreement to undertake an expedited review of its duties. This process is expected to take five months," Albanese said.

"Australia and China have agreed we will suspend the dispute on wine in the WTO pending the outcome of this review."

The move is part of a warming of relations between the two countries that has already seen China lift restrictions on imports of Australian commodities including coal, timber and barley worth billions of dollars.

China announced in November 2020 that it would impose anti-dumping and countervailing duties of up to 218% on most Australian wine, causing trade to collapse. The measures were part of a barrage of trade restrictions that China imposed after Australia called for an inquiry into the origins of Covid-19.

Most of the trade restrictions have been lifted since a change of government in Canberra last year. Aside from wine, China maintains barriers on imports of lobsters and meat from some abattoirs.

Before China imposed the tariffs, it was the most valuable export market for Australian winemakers. In 2019, Australia shipped wine worth around US$800 million to China, its trade data show. Last year, exports were worth US$11 million.

 


  - Reuters

 

Discussions
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Income

people are finding it very hard to stay together as we move closer to 2023 why do you think that is um because all the programming for the last 10 years has been designed to teach us how to break up it's been designed to P men and women against each other to fear commitment uh to glorify single life to kind of think okay this is how you move on this is how you play hard to get this is how you uh get someone to sleep with you you have created the ground work for divorce and none of the groundw work for marriage you don't see people teaching them that this is how to communicate your pain or this is how to select a partner correctly you say this is how you trick a guy into that this is how you take a girl and this is how you get her to sleep with you and this is how you get her money um we've glorified sex so much and we have almost demonized marriage that we are now programmed to Simply keep uh moving on to the next and finding alternatives

2023-10-22 09:48

stockraider

Who still wants Australian wines when there are many good alternative leh ?!

2023-10-23 10:06

treasurehunt

What politicians do? Manipulation emotions of majority to get the advantage for their own advantage first. You think it's one way ticket as what you wish for meh? They can change anytime tailored their best interests.

2023-10-26 10:45

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