Australia cancels agreement with China on the ‘Belt and Road Initiative’

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According to the Italian popular news magazine -il  Fatto Quotidiano reported that Australia cancels the agreement with China on the Belt and Road Initiative (BRI) yesterday. Prime Minister of Australia Scott Morrison has scrapped Victoria’s controversial BRI deal with the People’s Republic of China, calling it “consistent with Australia’s foreign policy”.

The architect behind the Australian government’s decision is Foreign Minister Marise Payne, who decided to use her powers to overturn the 2018 agreement between the state of Victoria and the People’s Republic, arguing that it is “incompatible with Australian foreign policy and contrary to our foreign relations”

Australia cancels the agreement with China on the so-called BRI and thus falls the frost between Canberra and Beijing (the Chinese Communist Party), with the latter speaking of “provocation” against itself. The architect behind the decision of the Australian government is the Minister of Foreign Affairs, Marise Payne, who decided to use its powers to overturn the 2018 agreement between the State of Victoria and the People’s Republic of China (PRC), arguing that it is “incompatible with Australian foreign policy and contrary to our foreign relations.”

A hard blow for the Chinese Communist Party (CCP) that has in the BRI -its most important economic and commercial project outside the borders of China. So it went on the counter-attack, with the government accusing Australia defining “a provocation” the cancellation of the agreement: “The cooperation for the BRI between PRC and the State of Victoria – underlines in a note the Chinese embassy in Australia – promotes the intensification of economic and commercial relations between the two parties. This is another unreasonable and provocative move by Australia against PRC (China)”.

This is not the first episode of a commercial clash between the two countries. The last episode of this new war was recorded at the end of 2020, when Canberra announced its appeal to the World Trade Organization (WTO) against the customs duties imposed by Beijing (the CCP) on its barley exports. Since the beginning of 2020, China (PRC) had imposed restrictions and obstacles to imports of meat, dairy products, wine and other products from Australia, also due to the deterioration of relations between the two countries, with the Canberra government accusing the Chinese (the CCP) as one of political interference, fake news campaigns and espionage.

Translator/Editor: Ana

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