Australian Minister Raises Hopes for Trade Thaw With China
- China has placed trade sanctions on major Australian exports
- Relations between Australia and China have stabilized recently
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Australia would be willing to reconsider its case against China at the World Trade Organization if Beijing’s sanctions against its exports were lifted, as Trade Minister Don Farrell flagged a potential thaw in the trade tensions between the two countries.
China and Australia have been discussing the possibility of a visit to Beijing by Trade Minister Farrell to meet with his Chinese counterpart in the first half of 2023, but no official invitation has been issued yet.