Australian Minister for Trade Don Farrell recently stated that Australia is committed to lifting its ban on AUD$20 billion (approx. $ 13.9 billion) worth of trade with China after the Chinese ambassador stated that China would lift the ban on coal imports from Australia. This comes as the Chinese Communist Party (CCP) attempts to improve China’s trade relations during its economic crisis.
The Australian government released the conversation between Trade Minister Don Farrell and Sky News Australia on Jan. 30. Farrell said that one of the most important things he would discuss with China was the removal of high tariffs on major Australian exports, including wine, meat, lobster, and wheat. He also said that the Chinese regime’s response had been very positive….