Australia’s parliamentary body called for Taiwan to join the Trans-Pacific Partnership in China, issued a final notice to the communist regime, ended compulsory trade measures, and engaged Australia before it entered the trade bloc. Was reestablished.
Ted O’Brien, chair of the Trade Subcommittee of the Joint Standing Committee on Foreign Affairs, Defense and Trade, said Australia supported the expansion of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) of 11 countries in Taiwan, He said it would include South Korea. , And the United Kingdom.
“We only need to consider an ambitious economy that supports an open, transparent and stable trading environment, and one that demonstrates the ability and willingness to meet the high standards of the Agreement,” O’Brien said. In the statement Announced that the Commission has completed the investigation, I was writing a formal report To Congress for the government to legislate.
“The UK first applied for participation in the CPTPP, and the process in the process could be a template for other future applicants,” he added. Trade agreement with 25 million autonomous democratic islands.
“The lesson learned from our experience in the UK is that we can benefit from negotiating a bilateral free trade agreement and the CPTPP at the same time,” he said.
For China, the Commission has asked the Communist government to end trade sanctions and re-engage in dialogue with the Australian Minister before the Australian Federal Government begins the process of integrating it into the CPTPP. He recommended that we should cooperate with trade agreement countries. We will comply with the high standards of the agreement.
“The ball is on their court,” O’Brien said. “It is up to China to wish to re-engage with Australia, and we hope that it will enable the necessary discussions in deciding whether to initiate the accession process.”
The CPTPP was signed by 11 countries in 2018 and covers 13.4 percent of global GDP. The Commission recommended initiating informal consultations with Thailand, Indonesia and the Philippines to participate in trade agreements.
Taiwanese bids receive widespread support
Support for Taiwan’s accession was widespread, and only the Chinese embassy opposed Taiwan because it was a “very sensitive political issue.”
However, former Australian Prime Minister Tony Abbott has downplayed potential anger from Beijing and said he is already “noble against Australia.”
“I don’t think China will be more upset than ever,” he told the committee. Abbott visited Taiwan in October to end the international “isolation” and assist the island government in a military invasion of airspace from CCP aircraft.
Meanwhile, an Australian business group also helped increase access to the Taiwanese market.
Ash Salardini, Chief Economist at the National Farmers Federation, said existing trading in lean meats, dairy products, fruits and vegetables could grow dramatically.
“I think lean meat is about A $ 250 million (US $ 178 million) and dairy is A $ 100 million, which is a single digit in total size of the market at the moment, a very large market. It’s a small player who can become, “he told the committee. “If we are 5% or 10% of that market, there is a potential market of $ 3 to $ 5 billion to compete.”
The wine industry, whose exports to Taiwan surged 65% last year, said the elimination of tariffs and technological barriers would be “extremely beneficial.”
Meanwhile, Lennon Chan, a senior lecturer in criminology at Monash University and head of the Australian Taiwan Association, said trade is not limited to commodities, but extends to national security.
“Taiwan is always a test field for cyber attacks [from Beijing]”He told the committee. “I believe the Australian Government can learn from Taiwan how to counter disinformation campaigns, better cyber capabilities and how to build cyber capabilities to combat fraudulent and unsolicited attacks. . “
Chang also cited Taiwan’s record as a leading manufacturer of information and communications technology, including Taiwan Semiconductor Manufacturing Company, the world’s largest chip maker, and AAC Technologies Holdings, the world’s largest chip packing service provider.
Split opinion on Chinese bids
At the same time, many corporate groups have expressed optimism that China’s accession to the CPTPP could spur the communist regime to comply with the rules of the agreement.
According to David Olson, National President of the Australian-China Business Council, “China’s accession to the agreement will further involve China in its rule-based trading system and the cost of China’s unilateral actions that violate its accession conditions. I will raise it. “
Mr Saraldini said Australia would have a new impact on its re-engagement with Chinese leaders.
“It will also create other forums for intergovernmental dialogue. Even in the current situation, that’s only good,” he said.
But other parties didn’t have much hope.
Former Prime Minister Abbott said the last thing the world needed was to further integrate China into the “world economic order.”
“It’s not only wrong, but a sign of our weakness, that we admit that China has entered the CPTPP while maintaining the boycott of our current Australian products,” he said. ..
Patricia Ranald of the Fair Trade and Investment Network said Beijing will have a hard time meeting the basic environmental and working requirements of the CPTPP.
“We have a very consistent critique of the lack of human and worker rights in China,” she said. “China believes that even what the CPTPP’s Working Environment chapter considers to be not the highest standards can be difficult to meet.”