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Australian PM to call for WTO reform as tensions with China mount

Australian PM to call for WTO reform as tensions with China mount

Gulf Times
Tuesday, June 08, 2021 01:22:53 PM UTC

Australian Prime Minister Scott Morrison

The World Trade Organization must have a binding dispute settlement system to address the growing use of economic coercion, Australia's Prime Minister Scott Morrison will say on Wednesday, as Canberra moves to win the support of G7 nations in its dispute with China. Relations with China, already rocky after Australia banned Huawei from its nascent 5G broadband networking in 2018, cooled further after Canberra called this year for an independent investigation into the origins of the coronavirus pandemic, first reported in central China last year. China responded by imposing tariffs on Australian commodities, including wine and barley and limited imports of Australian beef, coal and grapes, moves described by the United States as ‘economic coercion’. Australia has said it will not bow to Chinese pressure and has launched an appeal to the WTO over China's imposition of tariffs totalling more than 80% that has effectively stopped a billion-dollar trade in its tracks.
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