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Australia sees need to restart talks on FTAs
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AUSTRALIAN Trade and Investment Minister Andrew Robb will visit South Korea, Japan and China from November 14 to 22 to restart negotiations on the stalled Free Trade Agreements with Australia’s three most significant trading partners, the Department of Foreign Affairs and Trade said yesterday.
“Free trade negotiations with our three biggest export partners floundered under the previous government. Labor’s failure to conclude any of these agreements in six years was a major lost opportunity,” Robb said.
“We are determined to make up lost ground and conclude these agreements as soon as reasonably possible.”
The department said that in South Korea, Robb will meet Deputy Prime Minister and Minister for Strategy and Finance Hyun Oh-seok and Minister for Trade, Industry and Energy Yoon Sang-jick.
In Japan, he is expected to meet with senior ministers with trade responsibilities, including Foreign Minister Fumio Kishida and Trade and Economy Minister Toshimitsu Motegi, to discuss opportunities to enhance deep and long-standing trade and investment partnership.
Robb will visit China where he will discuss options to move bilateral FTA talks forward.
“This agreement has been in the making since 2005. As the Prime Minister said recently, we should be able to bring it to a conclusion in the foreseeable future,” he said.
Robb will also hold meetings with Commerce Minister Gao Hucheng, Agriculture Minister Han Changfu and Finance Minister Lou Jiwei.
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