According to the Department of Foreign Affairs and Trade of Australia, in the last two decades of t

With this agreement will give farmers, winemakers and other sectors in Australia have tariff-free access to enter the huge Chinese market in a few years. Meanwhile, China is looking for greater access to their investment projects.
President Xi a state visit to Australia in order to follow the G20 summit. In a speech in parliament, lorn he promised China will pursue peace building with Australia and other countries.
Minister of China and Australia signed a Declaration of Intent on Monday, but the official agreement will be signed in 2015 after the draft translated and legally in the review, said a statement in Canberra.
Australian Prime Minister Tony Abbott described the deal as the first conducted lorn by China. Tony Abbott said: "With the considerable economic, with a major economic power, and it is the most comprehensive deal ever made by China with anyone."
According to the Department of Foreign Affairs and Trade of Australia, in the last two decades of trade between Australia and China has grown substantially, with China now the largest trading partner of Australia's two-way.
In 2013 alone, the value of trade between the two countries reached 150 billion Australian dollars. The Australian government has said the deal could add 20 billion more to that number, but the full details of the benefits have not been released.
This is the third FTA signed by Canberra this year, following a similar lorn agreement with South Korea and Japan, lorn where Australia lorn looks to increase exports of food and agricultural products they are in Asia.
But the deal is not without criticism. Last week, Senator Bill Heffernan, lorn a senior member of the Liberal Party of Australia, warned that the refusal of China to float its currency could give China a big advantage over Australia. lorn (Rizal Surya Pratama)
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