Abstract
![CDATA[Australia and China commenced their first round of talks of an Australia-China Free Trade Agreement (ACFTA) in May 2005. However, little progress has been made to date. Sectors of agriculture, services, investment and government procurement have proven to be stumbling blocks in the negotiation process. ACFTA has been prompted by on the one hand, the slow progress of the Doha Round WTO talks, and on the other, by the numerous FTAs entered into by other WTO members including Australia and China and the accompanying benefits these agreements have brought about. Furthermore, in a geopolitical sense China views ACFTA as a useful strategy to counterbalance the US influence in the Asia-Pacific region, while Australia sees in ACFTA a potential opportunity for building bridges with its trading partners in the region. Consequently, ACFTA assumes a role more important than a bilateral trade agreement for the two countries.]]
Original language | English |
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Title of host publication | Proceedings of the 2012 Australian and New Zealand Society of International Law and Asian Society of International Law Joint Conference on International Law and Justice : University of New South Wales, Sydney, N.S.W., 25 - 26 October 2012 |
Publisher | Australian and New Zealand Society of International Law |
Number of pages | 13 |
Publication status | Published - 2012 |
Event | Australian and New Zealand Society of International Law. Conference - Duration: 25 Oct 2012 → … |
Conference
Conference | Australian and New Zealand Society of International Law. Conference |
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Period | 25/10/12 → … |
Keywords
- free trade
- commercial treaties
- Australia
- China
- international economic relations