Friday 29th of November 2024

the pot says no.....

Since 2018 the painstaking discussions have picked through everything from chemicals to cosmetics, but have repeatedly come unstuck over market access for Australian products such as beef and sheep meat.

Australian agriculture minister Murray Watt said EU negotiators had refused to budge during the latest round of talks, held on the sidelines of a Group of Seven meeting in Japan.

"Unfortunately we just didn't get the movement on the EU side that was required," he told national broadcaster ABC on Monday.

Watt said it was unlikely talks would resume during "this current term of parliament" – indicating the Australian government may not return to the negotiating table until after the 2025 general election.

"I think it will be quite some time before any Australian government or any EU leadership is able to negotiate a deal. And that's a bit of a shame," Watt added.

European Commission spokesperson said it had been optimistic of striking a deal in Osaka, but that Australia had "re-tabled agricultural demands that did not reflect recent negotiations".

"The European Commission stands ready to continue negotiations," the commission said in a statement.

French trade minister Olivier Becht late last week flagged a "number of very positive advances", raising hopes that an agreement would be reached.

The two sides have tussled over how far Europe should prise open its markets to Australia's sheep meat, beef and sugar exports.

At the same time, Europe wants better access to Australia's rich deposits of "critical minerals", easing its reliance on Russia and China for the key ingredients in clean-energy products such as wind turbines and electric car batteries.

In July, the two parties failed to reach a deal during talks in Brussels, with Australia saying it had not been guaranteed "significant" access to the European market for its agricultural products.

https://www.france24.com/en/europe/20231030-eu-australia-free-trade-deal-collapses-could-take-years-to-resurrect

 


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trade with china.....

Trade will be at the top of Prime Minister Anthony Albanese’s agenda as he sets off for China and the next phase of a diplomatic blitz.

Fresh from last week’s state visit to Washington, Albanese takes off again on Saturday, for Beijing and Shanghai for the first visit to China by an Australian leader since 2016 and a total breakdown in relations.

The PM, who has faced conflicting criticism over his itinerary this month, said the travel would boost trading ties and the national interest.

“Australia needs to engage with the world; we need to have a seat at the table, and my government’s determined to do so,” he said.

Albanese will meet Chinese President Xi Jinping and Premier Li Qiang and attend the China International Import Expo in Shanghai.

Some commentators have suggested that the three-day trip risks jeopardising relations with the US. But Albanese said President Joe Biden had welcomed his mission to normalise trade relations with China.

“What we need to do is to have more dialogue and discussion because out of that comes greater understanding,” he said.

Albanese’s comments come on the heels of an announcement that the US is increasing its efforts to mend damaged trade ties with Beijing.

Biden is expected to meet Xi next month at the Asia-Pacific Economic Co-operation summit in San Francisco.

 

https://www.thenewdaily.com.au/news/politics/australian-politics/2023/10/29/china-albanese-diplomatic-blitz

 

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