Asian venture: Australia hopes for trade
Australia has anticipated free trade agreements with China, Japan and South Korea.
APP
November 24, 2013
Less than a minute read
WASHINGTON:
Australia has anticipated free trade agreements with China, Japan and South Korea, despite a decision against telecom giant, Huawei. Australia’s new conservative government has maintained last year’s banned Huawei for bidding to build its national broadband network, stating that intelligence operatives warned that the Chinese company posed national security risks. On a visit to Washington, foreign minister Julie Bishop reaffirmed that Australia sought free trade agreements with South Korea, Japan and China – ‘probably in that order’ - within a year. She said that Australia also put a priority on the Trans-Pacific Partnership, a US-led drive to forge a trade pact among 12 nations in the Asia-Pacific region. “The bottom line is simple – the United States – just as it plays a fundamental role in regional stability, needs to be in the game in regional trade.”
Published in The Express Tribune, November 24th, 2013.
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