SYDNEY: China’s top diplomat, Foreign Minister Wang Yi, will visit Australia next week, Prime Minister Anthony Albanese said on Thursday ( Mar 14), a sign of a further thaw in relations after years of tensions.
Wang Yi will attend Canberra following week, Wang Yi, Albanese said during a televised multimedia presentation. ” It’s a good thing that Wang Yi is visiting, it’s a good thing to include speech”.
Albanese said” substantial development” had been made in recent times to reduce trade barriers with China, Australia’s largest investing partner.
Australia’s diplomatic ties with China have been severely strained since 2018, when the previous liberal government forbade Huawei from providing technology during the deployment of its 5G system. After Canberra demanded an impartial research into COVID-19’s origination, tensions increased.
China reacted by imposing taxes on a number of Asian goods. Since Albanese’s Labor government took over the government two years ago, business restrictions have been lifted.
The government’s best publicly traded wine producer in Australia, Treasury Wine Estates, reported on Tuesday that China’s Ministry of Commerce had released an interval proposal to end tariffs on Australian wines, raising hopes that the roughly three-year-long stringent duties would soon be over.
” That is a positive development”, Albanese said, adding wine exports to China were worth more than A$ 1 billion ( US$ 662 million ) annually before tariffs were enforced. He claimed he had faith in the lifting of those limitations.
Australia Foreign Minister Penny Wong is expected to boost judicial matters, trade impediments, human rights, issue protection and local safety during her talks with Wang Yi following Wednesday.
” It’s Australia’s see that a stable bilateral relationship may help both places to pursue individual federal interests, if we manage our distinctions wisely”, Wong said in a statement.
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