Chinese Agreement With Victoria

University of New South Wales Vice-Chancellor George Williams said there was no constitutional problem in blocking local government and universities, but that “problems could arise” for a law to prevent state governments from making deals. It is technically a non-binding agreement for Victoria to participate in the Belt and Road project. the Silk Road for the twenty-first century, which includes new ports, highways and railways around the world. Victoria should instead invest more effort in expanding trade and investment agreements with countries like India, Japan and Vietnam, Professor Fitzgerald said. It would be unthinkable for a Chinese province to break with Beijing on an important foreign policy issue, as Victoria does, which also helps explain the frustration of the Morrison government, which has undermined its diplomacy. “Brett Stevens, the Victorian commissioner in Shanghai, who participated in these talks, also had two direct meetings with the NDRC in China to raise Victoria`s concerns.” Trade Minister Martin Pakula told a federal state parliamentary committee on Thursday morning that the deal with China does not “immunise” Victoria from new tariffs on Australian exports. In addition, the lack of consensus on this issue has led to divisions within the Australian population and the country`s position on geopolitical lines. Australia may have run Chinese trade surpluses for years in a row, but its close alliance with the United States is creating sharp tensions in Australia`s economic partnership with China. Victoria`s attitude is an obstacle for Australia to become the ally the United States wants, which will “mess up” with China. In October 2018, Victorian Prime Minister Daniel Andrews signed a Non-Binding Memorandum of Understanding (MOU) with the National Development and Reform Commission for Bri Cooperation. Andrews sees in this initiative, although controversial, great opportunities for the economic and financial growth of the state, such as the creation of jobs and business opportunities, as well as the attraction of investment. In October 2019, Andrews signed a non-binding “framework agreement” to set out certain guidelines for the implementation of the MUO.

One of the key objectives of the agreement is to promote Victorian infrastructure enterprises in China and to participate in third-party markets. Similarly, the agreement encourages Chinese companies to tender for projects in Victoria. Let`s look at the details of what Victoria signed. It was a secret deal that surprised foreign policy officials, and now Victoria`s comfortable deal with Beijing is back in the spotlight.

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