BEIJING, Nov. 18 (Xinhuanet) -- The China's Ministry of Commerce says the China-Australia FTA is another comprehensive, high-level free trade deal. China has finalized with a major economy in the Asia-Pacific region. This follows the conclusion of FTA talks between Beijing and Seoul last week.
"China and Australia have signed a declaration of intent on practically concluding bilateral negotiations on a free trade agreement, which means Australia will eventually remove tariffs on all goods imported from China. The deal has created very good conditions for China in the Australian market," says Wang Shouwen, assistant minister of Chinese Ministry of Commerce.
(Source: CNTV.cn)