News World Asia Australia vetoes China’s bid to join Pacific trading pact
Live

Australia vetoes China’s bid to join Pacific trading pact

Ships laden with Australian coal are offloading their cargoes in a major humiliation for the Beijing regime. Photo: TND
Share
Twitter Facebook Reddit Pinterest Email
Live

Trade Minister Dan Tehan says Australia will oppose China’s bid to join a key trade pact until it halts trade strikes against Australian exports and ­resumes minister-to-minister contacts with the Morrison government.

China on Thursday formally applied to join the world’s biggest trading agreement – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

But it will require the unanimous support of all the pact’s members to be admitted.

The CPTPP was signed by 11 countries including Australia, Canada, Chile, Japan and New Zealand in 2018.

Mr Tehan said China could not join until it convinced members of its “track ­record of compliance” with existing trade agreements and Word Trade Organisation commitments.

That was a process that would require Beijing to resume high-level dialogue with Australia, he told the Weekend Australian.

Australia has lodged disputes against China in the WTO on ­restrictions on exports of barley, wine and other goods ranging from coal to lobsters imposed by Beijing.

“CPTPP parties would also want to be confident that an ­accession candidate would fully implement its commitments under the agreement in good faith,” Mr Tehan said.

“As we have conveyed to China, these are important matters which require ministerial engagement.”

-AAP