Victorian Government Belt And Road Agreement

Widget not in any sidebars

Victoria`s Liberal opposition questioned why the deal failed to protect Victorian farmers from the 80 per cent tariff on Australian barley that the Chinese government put on Australian barley this month. Nothing. This is not a legally binding agreement, but so far the Victorian government has not turned away from it. On Sunday, Prime Minister Scott Morrison said Victoria would enter the political domain of the federal government. They should have a roadmap together by the middle of the year, but that has not been done. “Australians rightly expect the federal government`s foreign policy to elect. These amendments and new laws will ensure that any agreement reached by an Australian government at all levels will now disagree on how we work to protect and promote Australia`s national interests. Many Western countries, especially the United States, are wary of China`s motivations behind the BIS. The initiative is rejected in order to eliminate any risk of Chinese cooperatives operating under the BIS in order to gather valuable information for the Chinese government.

Huawei Technologies Co., a Chinese telecommunications company, for example, has been banned in order to facilitate Australia`s 5G infrastructure for the high risk the company poses to report to Beijing. The P.M., who sees no value for the non-binding MUO, clearly shows the country`s great distrust and prudence with the initiative. Thus, Victoria`s BIS agreement is out of direct step with the federal government and has created conflicting interests for Australia. The state`s relentless sustainability in participating in the initiative not only frustrated the federal government, but also lost the support of the Prime Minister, Daniel Andrews` Labour colleagues. The second wave of Victoria`s Covid-19 relied only on the federal government to scrutinize Andrew`s decision-making. In the end, the Prime Minister`s partnership with China has profoundly compromised his long-term service in his current position. Victoria`s treasurer, Tim Pallas, said this month at a parliamentary inquiry that the state would “absolutely not” reconsider its belt and road agreements, accusing the federal government of “denigrating” China because of its push for an international investigation into the Covid 19 pandemic. Some experts see the BIS as a way for China to create new investment opportunities, cultivate export markets, facilitate credit to countries they need, and boost China`s domestic incomes and consumption.

Despite the non-binding nature of the agreement, the scale of the initiative around the world has become a centerpiece of criticism from many governments, including Australia. The Belt and Road agreement was strongly criticized by Mr Andrews` critics and fuelled conspiracy theories when his government was brought to light during the second wave of coronavirus. “We did not support this decision at the time of the agreement.