The Five Eyes plans to sanction China to counter Beijing's trade war against Australia
China has been making moves to put pressure on Australian trade. The Australian media reported that the Five Eyes Alliance, which consists of Australia, New Zealand, the United States, Canada and the United Kingdom, has recently discussed how to deal with the situation and has not ruled out imposing trade sanctions against China. Australia has just formally filed a complaint with the World Trade Organization today against the China-initiated trade war.
According to reports, the Five Eyes Alliance is negotiating to respond to China’s trade sanctions against Australia. The U.S. is actively considering the possibility that each of the five countries may impose trade restrictions on Chinese goods or services, or that only Australia may impose punitive tariffs on China. The other four countries are open to express their support.
Fergus Hanson, the Director of International Cyber Policy Centre of Australian Strategic Policy Institute, said that the Five Eyes could also refer to Article 5 of NATO. It establishes a collective defence mechanism for member states which can respond to China's trade sanctions against Australia. “Only in this way can let the CCP realize that it (the trade sanctions) is a two-way street. Our current approach is not a solution to this problem."
Source: Apple Daily #Dec16
https://hk.appledaily.com/international/20201216/JR6ZDIMKLJCKJF7LS7G4CT4AEY/
#FiveEyesAlliance #AustralianChinaRelations #Australia #US #UK #Canada #NewZealand #tradewar #WTO #FergusHanson #ASPI
China has been making moves to put pressure on Australian trade. The Australian media reported that the Five Eyes Alliance, which consists of Australia, New Zealand, the United States, Canada and the United Kingdom, has recently discussed how to deal with the situation and has not ruled out imposing trade sanctions against China. Australia has just formally filed a complaint with the World Trade Organization today against the China-initiated trade war.
According to reports, the Five Eyes Alliance is negotiating to respond to China’s trade sanctions against Australia. The U.S. is actively considering the possibility that each of the five countries may impose trade restrictions on Chinese goods or services, or that only Australia may impose punitive tariffs on China. The other four countries are open to express their support.
Fergus Hanson, the Director of International Cyber Policy Centre of Australian Strategic Policy Institute, said that the Five Eyes could also refer to Article 5 of NATO. It establishes a collective defence mechanism for member states which can respond to China's trade sanctions against Australia. “Only in this way can let the CCP realize that it (the trade sanctions) is a two-way street. Our current approach is not a solution to this problem."
Source: Apple Daily #Dec16
https://hk.appledaily.com/international/20201216/JR6ZDIMKLJCKJF7LS7G4CT4AEY/
#FiveEyesAlliance #AustralianChinaRelations #Australia #US #UK #Canada #NewZealand #tradewar #WTO #FergusHanson #ASPI