China-Australia FTA to boost economic ties
date:Jul 07, 2015
ater access to natural resources and finished products like high-quality food. Australians will also benefit from cheaper China-made garments and electronic gadgets.

The ChAFTA is now subject to legal and parliamentary processes in both countries before it becomes active.

The trade deal was reached after decade-long talks that began in 2005. The process was greatly accelerated after Xi paid a state visit to Australia in Nov. 2014 and brought about the signing of the Declaration of Intent.

Chi
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