Thursday, February 5, 2015

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Australia, China Free Trade Agreement would be Signed Tomorrow | DENNY JA WORLD
Australia will reach a free trade agreement with China tomorrow, writes custom tariff Bloomberg on Sunday (16/11). "Free trade agreement with China which will be announced tomorrow will be a differentiator game," said Josh Frydenberg, parliamentary secretary to the prime minister of Australia, in an interview in Brisbane, the venue for the summit 20 countries members of the Group, on this day.
"Opening the Chinese economy in a variety of sectors, including custom tariff agriculture and the service sector, for Australian exports, would be very beneficial," he said. Trade between the two countries, which reached A $ 151 billion in 2013, has been driven by the demand for energy resources and exceptional from China, while Australia majority buy manufactured products from China are cheap. "Australia and China's economy is likely to be equally benefited from this development, but the smaller Australian economy would be much benefit," said Richard Grace, director of currency strategy and the exchange rate and international economic head of the Commonwealth Bank.
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