Australia signs free trade deal with China

November 19, 2014

China and Australia sealed a landmark free trade agreement on Monday that could significantly expand trade between the two economies.

Australia, which signed trade deals with Japan and Korea earlier this year, says China is its largest trading partner, with two-way trade of $130 billion Australian ($128 billion Cdn) in 2013.

It’s taken more than a decade to negotiate the deal which will open up the huge Chinese market to Chinese farm exports and the services sector.

This has been excerpted from the 17 November 2014 edition of CBC News and is available in its entirety at:
http://www.cbc.ca/news/business/australia-signs-free-trade-deal-with-china-1.2837754

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

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