June 18, 2024
1 min read

China, Australia Sign MoU to Restart Economic Dialogue

The signature of the MoU was witnessed by leaders of the two countries. Liu Sushe, deputy head of the NDRC, and Treasurer of Australia Jim Chalmers represented their respective governments at the signing ceremony…reports Asian Lite News

The Chinese and Australian governments have signed a Memorandum of Understanding (MoU) to restart strategic economic dialogue with a focus on forward-looking economic issues.

Both countries on Monday agreed to enhance communication and exchange with the aim of fostering practical and effective economic cooperation, according to the National Development and Reform Commission (NDRC), China’s top economic planner.

The signature of the MoU was witnessed by leaders of the two countries. Liu Sushe, deputy head of the NDRC, and Treasurer of Australia Jim Chalmers represented their respective governments at the signing ceremony.

In the Australian capital Canberra on Monday, Chinese Premier Li Qiang said that China is willing to enhance coordination and cooperation with Australia at regional and international levels, calling for opposing camp confrontation and a “new Cold War”.

Li made the remarks during the ninth China-Australia Annual Leaders’ Meeting with Australian Prime Minister Anthony Albanese.

ALSO READ-Australia, China agree to ‘manage differences’

Previous Story

Philippines Accuses China of Reckless Behavior

Next Story

US Concerned Over Deepening North Korea-Russia Military Ties

Latest from -Top News

Modi all set for Japan, China visits

By travelling to both Tokyo and Tianjin within the span of a week, Modi is set to balance strategic partnerships with Japan and cautious engagement with China – two relationships that will

Canada to lift counter-tariffs on US goods

Canadian Prime Minister Mark Carney has announced that Ottawa will remove its counter-tariffs on US goods covered under the Canada-US-Mexico Agreement (CUSMA), beginning 1 September. The move marks a partial easing of
Go toTop

Don't Miss

Musk’s Taiwan Gaffe Spurs Foreign Minister’s Firm Rebuttal

Taiwan rejects Elon Musk’s ‘integral part of China’ claim…reports Asian

‘India ready to combat China’s cyber attacks’

According to the official data, India witnessed a nearly 300