Author Topic: China and Australian government signs landmark free trade agreement  (Read 205 times)

0 Members and 1 Guest are viewing this topic.

Offline mastercode

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 2276
    • View Profile
    • Naijacrux

The governments of China and Australia signed a long-awaited ?monumental? free trade agreement in Canberra on Wednesday, lifting most of the import tariffs in both countries.
The landmark signing by Australia?s Trade Minister Andrew Robb and China?s Commerce Minister Gao Hucheng finalized negotiations that began ten years ago and followed the Declaration of Intent signed in November 2014 by the two countries? leaders, Tony Abbott and Xi Jinping.

After fully implementing the wide-ranging agreement, tariffs will be lifted on 95 percent of Australian exports, regulations that deterred Chinese business owners from investing in Australia will be loosened, and more visas for Chinese tourists will be granted.

Zhang Yansheng, Secretary-general of the Academic Committee of China?s National Development and Reform Commission (NDRC), said the free trade agreement is a win-win decision for both sides.

Australia excited about agreement benefits with China
Australian Prime Minister Tony Abbott has described a Free Trade Agreement between Australia and China as a historic moment for both countries.


Free Tutorial! Step by step Guide on how to Loan Without Collateral Online

Started by

Replies: 0
Views: 264
Last post November 16, 2016, 10:10:17 AM

Started by

Replies: 0
Views: 416
Last post August 08, 2014, 11:47:03 AM
LSETF Loan Offer of N500k to N5m for your Business and it's Free for Applicants

Started by

Replies: 0
Views: 198
Last post March 07, 2017, 12:08:39 PM
free ebook on how to make money online

Started by justin249

Replies: 0
Views: 339
Last post July 18, 2016, 03:32:09 PM
by justin249
Be Free from Money Slavery!!!

Started by Mostivi

Replies: 0
Views: 385
Last post September 24, 2014, 07:42:34 PM
by Mostivi
Buhari orders establishment of committees on new China/Nigeria joint projects

Started by yungcrux

Replies: 0
Views: 168
Last post April 13, 2016, 01:22:14 AM
by yungcrux
No more financial assistance, European Union Tells Nigerian Government

Started by Nairaland

Replies: 0
Views: 280
Last post June 30, 2017, 12:53:10 AM
by Nairaland
Algeria Turns to China for Funds as Oil Price Drop Worldwide

Started by newspostng

Replies: 0
Views: 173
Last post January 21, 2016, 10:48:11 PM
by newspostng
Walmart to add 115 new stores in China in face of sales decline

Started by mastercode

Replies: 0
Views: 206
Last post May 21, 2015, 01:13:10 AM
by mastercode
Iran and China agreed to expand bilateral ties

Started by legendguru

Replies: 0
Views: 194
Last post January 24, 2016, 02:22:03 PM
by legendguru