Xinhua, Sydney :
A China-Australia free trade agreement (FTA) – some ten years in the making – will produce a ” win-win” scenario for the entire global agricultural sector, as well as equably reaping benefits for the farmers of both countries, Australian Minister for Agriculture Barnaby Joyce told Xinhua Tuesday.
With China’s President Xi Jinping addressing the Australian parliament in Canberra, Minister Joyce told Xinhua at the Sydney airport, where he was inspecting increased biohazard procedures, that any FTA between the two major trading partners would, at its core, produce and defend opportunities for the farmers of both China and Australia.
“Our countries share an essential sympathy for our farming sectors, while China’s massive farming sector has been at the heart of its economic revival and development – in this regard you ‘ve really got to make sure in getting a deal for Australian farmers we must equally ensure that deal doesn’t threaten China’s farmers,” Minister Joyce said.
Australia is in the throes of attempting an economic about-turn as the China-led mining boom of the last decade runs out of steam and China itself transitions its economy.
The transition sees Australia – in the words of UNSW fellow and author Tim Harcourt – attempt to segue way from a “mining boom” to a “dining boom.”
A China-Australia free trade agreement (FTA) – some ten years in the making – will produce a ” win-win” scenario for the entire global agricultural sector, as well as equably reaping benefits for the farmers of both countries, Australian Minister for Agriculture Barnaby Joyce told Xinhua Tuesday.
With China’s President Xi Jinping addressing the Australian parliament in Canberra, Minister Joyce told Xinhua at the Sydney airport, where he was inspecting increased biohazard procedures, that any FTA between the two major trading partners would, at its core, produce and defend opportunities for the farmers of both China and Australia.
“Our countries share an essential sympathy for our farming sectors, while China’s massive farming sector has been at the heart of its economic revival and development – in this regard you ‘ve really got to make sure in getting a deal for Australian farmers we must equally ensure that deal doesn’t threaten China’s farmers,” Minister Joyce said.
Australia is in the throes of attempting an economic about-turn as the China-led mining boom of the last decade runs out of steam and China itself transitions its economy.
The transition sees Australia – in the words of UNSW fellow and author Tim Harcourt – attempt to segue way from a “mining boom” to a “dining boom.”
