Australia, China sign landmark trade agreement
Deal to abolish tariffs in various sectors, penalties on goods
Canberra
AUSTRALIA and China signed a landmark trade deal on Wednesday after a decade of talks, providing a boon for growth and jobs by abolishing tariffs across a raft of sectors. Trade Minister Andrew Robb and visiting Chinese Commerce Minister Gao Hucheng formally inked the document in Canberra, ending years of often difficult and protracted negotiations.
"The leaders of our two countries have attached great importance to the signing of this document," said Mr Gao. "It is a milestone in bilateral relations."
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China says Hamas and Fatah express will for reconciliation
US consumer confidence at lowest level since 2022
Record gold prices boost recycling: WGC
Malaysian fast food operator QSR shelves IPO plans amid boycott campaign: sources
WHO warns of bird flu risk spreading to cows outside US
Sri Lanka’s key inflation rate rises to 1.5% in April