China and Australia to hold trade talks: state media

Tokyo | Commerce Secretary Don Farrell will converse to his Chinese counterpart by way of video hyperlink within the “near future”, within the newest signal of a strengthening relationship between Australia and its greatest buying and selling companion.

China’s state information company Xinhua reported that the assembly between Mr. Farrell and China’s Commerce Minister Wang Wentao was organized after officers from each nations met on the sidelines of the World Economic Forum in Davos.

China has banned the export of Australian barley as a part of the sanctions. bloomberg

“The two sides came to an agreement during the mini-ministerial meeting of the World Trade Organization, which took place here,” This is reported by Xinhua, citing sources.

Australia needs China to elevate commerce sanctions on $20 billion value of Australian exports. China has signaled that it’s open to talks on easing restrictions instantly with Canberra fairly than by the World Trade Organization.

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