Western countries, particularly the United States, have expressed scepticism about China’s motives underlying the BRI. Read more Why are Coalition MPs so concerned about it? The federal government has not signed a similar agreement, instead stating that BRI projects will be assessed on a case-by-case basis, rather than signing an overarching MoU or agreeing to any roadmap like Victoria. Victoria’s treasurer, Tim Pallas, told a parliamentary inquiry this month that the state would “absolutely not” reconsider its belt and road agreement, and accused the federal government of “vilifying” China over its push for an international inquiry into the Covid-19 pandemic. It is not a legally-binding agreement, but so far the Victorian government is not backing away from it. What does the agreement force Victoria to do? The framework reveals the partnership is looking to go beyond Chinese investment in infrastructure, including potential partnerships on biotechnology, agriculture, food, cosmetics, and a wide variety of industries. This was followed by a framework that established a working group, with an aim to get a roadmap on the partnership opportunities between China and Victoria agreed upon by the middle of 2020. We said we’d reboot our relationship with China and we’re getting it done.” “In four years we have more than tripled Victoria’s share of Chinese investment in Australia and nearly doubled our exports to China. “With the biggest infrastructure program in our state’s history under way, we have the design and delivery skills China is looking for, meaning more jobs and more trade and investment for Victorians,” he said. In 2018, premier Daniel Andrews signed a memorandum of understanding with China’s national development and reform commission to work together on belt and road initiatives.Īt the time, Andrews said the agreement was aimed at his massive state infrastructure program. Read more Why did Victoria sign an agreement with China?
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