Foreign and Military Affairs

FTA talks of Sino-Australian held in Canberra

(Xinhua)
Updated: 2010-02-26 22:58
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CANBERRA: The fourteenth negotiation talks of Sino-Australian Free Trade Agreement was held from February 24 to 26 here.

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During the three-day talks, China and Australia discussed and exchanged opinions in areas like food product imports, trades of services, investment and others. Both agree to arrange another new rounds of talks soon.

Australian Trade Minister Simon Crean said negotiations had stalled but both countries were now keen to deepen their interdependency. "That's why the talks are back on track," he said, adding that Australia is determined to try and see them through.

The first negotiation talks commenced in Sydney, and the last talk was on December, 2008. Australian exports to China are mainly iron ore, coal and wool, whereas Australia buys garments, telecommunication facilities and computers from China.