Good to see a thawing in relations.
"The Australian trade minister says he wants a quick return to normal trade with
China but has warned exporters not to put “all of our eggs in one basket”.
In an interview with Guardian Australia, Don Farrell was bullish about the prospect of Australia succeeding in its international challenge against Beijing’s tariffs on Australian barley, saying he thought “we would ultimately win that”.
But he said Australia had
agreed to hit pause on that World Trade Organization dispute because “even a positive finding in our favour would still have meant potentially many years of disputation to resolve the issue”.
Australia and China’s barley deal over tariffs is an 11th-hour off-ramp after years of trade tensions
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Farrell said he would travel to China within weeks to continue talks with his counterpart. “Our plan is: let’s solve our problems with China, but also let’s diversify our trading relationships,” he said on Thursday."
Don Farrell has dismissed talk of any Australian policy shift after breakthrough reached on barley exports
www.theguardian.com
