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China, Australia ink MoU to restart strategic economic dialogue

By IANS | Updated: June 18, 2024 03:20 IST

Beijing, June 18 The Chinese and Australian governments have signed a Memorandum of Understanding (MoU) to restart strategic ...

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Beijing, June 18 The Chinese and Australian governments have signed a Memorandum of Understanding (MoU) to restart strategic economic dialogue with a focus on forward-looking economic issues.

Both countries on Monday agreed to enhance communication and exchange with the aim of fostering practical and effective economic cooperation, according to the National Development and Reform Commission (NDRC), China's top economic planner.

The signature of the MoU was witnessed by leaders of the two countries. Liu Sushe, deputy head of the NDRC, and Treasurer of Australia Jim Chalmers represented their respective governments at the signing ceremony.

In the Australian capital Canberra on Monday, Chinese Premier Li Qiang said that China is willing to enhance coordination and cooperation with Australia at regional and international levels, calling for opposing camp confrontation and a "new Cold War".

Li made the remarks during the ninth China-Australia Annual Leaders' Meeting with Australian Prime Minister Anthony Albanese.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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