Australian authorities indicated that will put conditions on China to support its entry into the Agreement Progressive and Comprehensive for the Trans-Pacific Partnership (CPTPP) in English), after Beijing announced its interest in joining the treaty commercial.
In an interview with the newspaper Australian Financial Review, the Australian Trade Minister Dan Tehan said he will ask China to end the boycott of some Australian products to start Negotiations for entry into the CPTPP.
Beijing announced on Thursday its interest in joining the CPTPP, to which needs the consensus of its members, including Australia, to start entry negotiations.
Tehan noted that members of the CPTPP will require the authorities a “high standard” and have met Chinese standards in the past other trade agreements and the World Trade Organization (WTO).
In recent years, diplomatic relations have deteriorated between China and Australia, which has passed laws to limit interference China in its territory and requested an investigation into the origin of the Covid-19, which irritated Beijing.
The Chinese authorities have responded with tariff hikes and limitations on Australian products such as barley, wine or meat, which has meant millions in losses for Australia, which has also denounced that the measures go against the WTO
The CPTPP represents 13.4% of world GDP and has been signed for Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, while the United States has also expressed your interest in joining.
Chinese Foreign Minister Zhao Lijian criticized on Friday the cooperation agreement reached by Australia with the United States and the United Kingdom with views of the Indo-Pacific region and including the manufacture in Canberra of nuclear-powered submarines.
Despite the disagreements, China is the main trading partner from Australia and with a bilateral exchange valued at 252,000 million Australian dollars (US $ 191,343 millionor 156,681 million euros) in 2019.