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CHINA AND AUSTRALIA SIGN FREE-TRADE DEAL
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Published : 10 years ago, on

CANBERRA, Australia (AP) — China and Australia have signed a preliminary deal after almost a decade of free-trade negotiations that will give Australia’s service industry unsurpassed access to the Chinese market and Australian agriculture advantages over competitors from the United States, Canada and the European Union.

Chinese President Xi Jinping witnessed the signing Monday by Australian and Chinese trade ministers of a declaration of intent which officially concluded negotiations that began in 2005.

Xi earlier told Australia’s Parliament that China was committed to peaceful development and resolution of territorial disputes.

Trade Minister Andrew Robb says the pact would be signed next year and take effect as early as March if it is endorsed by the Australian Parliament.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

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