Breaking News
Investing Pro 0
💎 Access the Market Tools Trusted by Thousands of Investors Get Started

Australia trade minister 'pleased' with trade talks in China

Published May 12, 2023 11:19AM ET Updated May 13, 2023 04:10AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters. FILE PHOTO: Printed Chinese and Australian flags are seen in this illustration, July 21, 2022. REUTERS/Dado Ruvic/Illustration
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio

By Joe Cash

BEIJING (Reuters) -Australia's Minister for Trade and Tourism Don Farrell said on Friday he was "pleased" with his talks with his Chinese counterpart in Beijing on removing trade barriers, but added that his visit was "just another step" in stabilising ties.

Farrell's visit to the Chinese capital, the first by an Australian trade minister since 2019, followed an easing of diplomatic tensions with the election of a Labor government in mid-2022.

Australian wine, beef, barley, coal, seafood and timber exports to China were hit by trade curbs in 2020, and Australian journalist Cheng Lei was detained in Beijing on national security charges, after Australia called for an international inquiry into the origins of COVID-19, which angered Beijing.

The visit "is just another step in the road of stabilising the relationship," Farrell told a press conference after the talks. "I came here to create a pathway to normalise our trade and economic relationship with China."

China's Commerce Minister Wang Wentao told Farrell the economies of China and Australia were highly complementary and that the two countries should focus on the long-term development of their economic and trade relations, China's commerce ministry said in a statement on Saturday.

China is willing to work with Australia to expand their areas of cooperation and hopes Australia will treat Chinese companies and products fairly and justly, the ministry said.

As tensions eased, Beijing in January gave permission to four government-backed firms to ship in Australian coal and trade has now fully resumed.

Australia agreed in April to suspend a case at the World Trade Organization over China's anti-dumping duties on barley, while China said it would hasten a review into the tariffs.

But Canberra is still pushing to have other trade curbs removed and for diplomatic relations to stabilise.

In opening remarks at the 16th Joint Ministerial Economic Commission, Farrell told Wang: "We can see the benefits for Australian and Chinese businesses and consumers that continue to flow from the China-Australia Free Trade Agreement" of 2015.

"I'm very pleased to confirm that we agreed to step up dialogue under our free trade agreement and other platforms to resolve our outstanding issues," Farrell said after his meeting with Wang.

"We also discussed the World Trade Organization disputes. I was very pleased to get reassurances that our agreement reached recently on barley remains on track."

Farrell said Wang had accepted an invitation to visit Australia.

"There were very positive discussions, as I said, a whole lot of movement has started already. We've seen coal come back to China, we've seen copper concentrates come back to China, we've seen cotton come back into China."

Farrell said he raised the consular cases of Cheng Lei and detained Australian blogger Yang Hengjun with Wang.

The Australian minister said China also expressed a desire to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a free trade agreement among some countries on the Pacific Rim.

"The Chinese minister indicated that they would like to be considered for accession to the CPTPP," Farrell said.

Entry into CPTPP requires the approval of all member countries, including Australia.

Australia trade minister 'pleased' with trade talks in China

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your profile, will be public on and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email