Trade Minister Simon Birmingham
has demanded his Chinese counterpart return his phone call and engage in an
open dialogue as tensions escalate, warning the Asian superpower’s recent
“unpredictable regulatory interventions” had made it a riskier market for
Australian businesses to invest.
Senator Birmingham said he
reserved all rights to take China to the World Trade Organisation and launch a
dispute if China went ahead and imposed 80 per cent tariffs on Australian
barley — a move which Australia has comprehensively rejected.
“This is about using the system
that we strongly support of rules-based international trade, to ensure that
where we think that things are operating outside of those rules, we call them
out and we seek a resolution through the independent umpire,” Senator
Birmingham told the ABC’s Insiders program today.
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