Articles on Free trade

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Trades deals, such as the one between Australia and Singapore, may require extensive cooperation between the Commonwealth and states. AAP/EPA/Wallace Woon

Federalism reform and trade policy must go hand in hand

The reform of Australia’s federation is under review. In this special series, we ask leading Australian academics to begin a debate on renewing federalism, from tax reform to the broader issues of democracy…
Australia’s trade relationship with Russia looked better in 2007. Dean Lewins/AAP

Tough talk but little to lose on Russian trade sanctions

Poke a Russian bear with a stick and he will retaliate. That’s the lesson facing Australian exporters today. When Australia announced it would join the United States and Europe in placing trade sanctions…
News Corp Chairman Rupert Murdoch joined Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs, and Business Council of Australia President Catherine Livingstone at the B20 summit this week. Jason Reed/AAP/Reuters

The B20 summit: where cashed‑up lobbyists meet to write trade rules?

The Business 20 (B20) summit typically attracts the global corporate glitterati, as the usual suspects assemble in alpine retreats like Davos; cinema-infused beach towns like Cannes; or sunny Mexican resorts…
Signing a Economic Partnership Agreement with Japan was the highlight of Tony Abbott’s whirlwind northeast Asia trip, which also took in China and South Korea. EPA/Kimmasa Mayama

Abbott’s Asia trip comes off – for now

Prime minister Tony Abbott’s diplomatic and trade mission to northeast Asia can be hailed as a success. Overall, it met its main objectives. The trip has strengthened the already deepening relationship…
Achieving a free trade agreement with China would be a major achievement for the Abbott government given the obstacles currently in the way. AAP/Daniel Munoz

Japan and free trade create twin challenges for Abbott in China

Despite the misgivings of the sceptics, prime minister Tony Abbott’s high-profile, potentially high-risk trade mission to northeast Asia could be a triumph. The free trade agreement (FTA) with Japan is…
Tony Abbott has declared Japan, under prime minister Shinzo Abe, as Australia’s ‘best friend in Asia’. But this might come at a cost as Abbott seeks to close a FTA with China. EPA/Mast Irham

Abbott’s pursuit of Japan risks a free trade agreement with China

Prime minister Tony Abbott will be hoping the Japanese leg of his ambitious trade trip to northeast Asia can replicate the success of securing a free trade agreement (FTA) with South Korea. The close relations…
The fragile five economies have become surrogates for the developing world in meetings like the G20. Shutterstock

Explainer: the G20 and the fragile five

Financial markets love to come up with snappy acronyms – you have all heard of BRICS, but there are many others, with the “fragile five” being the latest. The BIITS - Brazil, India, Indonesia, South Africa…
Meet Davos – your big new friend with questionable intentions. mike fischer

With culture on the free trade agenda, we must protect our own

You meet someone. Someone different. Someone attractive, open, free. Let’s call him Davos. You start seeing a lot of each other, hanging out as a couple. As always when you’re in a relationship, a degree…
The WTO negotiations have been plagued with irreconcilable differences from the start. Made Nagi/AAP

WTO struggles across the line in new era of policy malaise

The WTO Multilateral Trade Negotiations in Bali almost failed. By negotiating for one day beyond the scheduled conference time, 159 exhausted nations finally concluded an agreement. What’s at stake are…
Jetstar Hong Kong remains grounded, as it awaits government approval. danzden/Flickr

Asia should shine brighter for blinkered Qantas

The downgrade of Qantas’ credit rating to junk status by Standard & Poor’s has sparked serious concern for the future of the airline. But the fact is the airline industry has largely been unprofitable…
Prime Minister Tony Abbott talks to Indonesian Finance Minister Chatib Basri during a business breakfast in Jakarta in October. Bagus Indahono/AAP

Australian trade with Indonesia: what’s really at stake?

Indonesia has a population ten times as big as that of Australia, but its per capita income is only one-tenth of Australia’s, so what’s really at risk if the trade relationship between the two countries…
Fewer trade hurdles won’t necessarily help Britain’s economy. Martin Rickett/PA

Dodgy economics of the transatlantic free trade deal

The Conservative Party’s 2010 general election manifesto could not have been clearer: “A sustainable recovery must be driven by growth in exports”. As George Osborne specified, the target was “net exports…
Concern over the transparency of TPP negotiations grew after it was revealed negotiating documents could not be released until four years after the completion of the negotiations. Azhar Rahim/AAP

The Trans‑Pacific Partnership and Australia’s right to know

In the history of trade agreement negotiations, most have been undertaken in secret, justified on the grounds that the governments’ negotiating positions would be weakened if they became public. But this…
The economic argument for an FTA with China isn’t as strong as some may assume. derekGavey/Flickr

Why an Australian FTA with China has never stacked up

Despite trade in goods and services between Australia and China exceeding A$125 billion in 2012, negotiations between the two countries for an FTA that began in 2005 have been so unproductive that both…
Australian firms fear Abbott may sign anything to get Xi Jinping’s name on the dotted line. shutterstock.com

An FTA with China in 12 months is a big ask

Forget APEC. That is so 1997. Prime Minister Abbott has recently established an ambitious – not to mention exceedingly optimistic – deadline of 12 months to conclude a Free Trade Agreement with China…
The new government faces sorting out a complex mess of stalled talks on various free trade agreements. AAP

Why embracing free trade may be more complicated than it looks

If headlines are to be believed, the new Coalition government is set to “embrace free trade” in its first term in office. In announcing his new Ministry last week, Tony Abbott has made significant changes…
Australia has embraced clean technology, but if we want to make a big difference we should free up clean tech trade. Espen Klem

Want a big idea? Let’s lead the world and free up clean tech trade

In 2014, Australia will host the G20 Summit. The Prime Minister’s Office has been canvassing privately for a Big Idea to present, something to take the green debate forward and put Australia’s stamp on…
Julia Gillard has achieved a significant foreign policy coup in China, although progress has stalled on a bilateral free-trade agreement. AAP

Gillard’s China visit: a silver platter for Abbott?

If you believe the opinion polls, Julia Gillard has had a very busy week in China setting the China policy direction and institutional framework for a future Coalition government. Tony Abbott must be delighted…
Trade Minister Craig Emerson is committed to pursuing a free trade agenda at the Doha Development Round. But will other countries follow suit? AAP

Can Australia revive the Doha Development Agenda?

Australian Trade Minister Craig Emerson’s opinion piece in The Weekend Australian, titled “Doha is no dodo as it takes off on new flight path”, brings new enthusiasm and life to the Doha Development Agenda…

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