Australia announced on the 21st to cancel the “Belt and Road” agreement signed between Victoria and the Chinese Communist Party, and the Chinese Communist Party accused Australia of damaging the relationship and mutual trust between the two countries. German media “Handelsblatt” (Handelsblatt) with the title “Silk Road setback” pointed out that Australian Prime Minister Morrison said no to “One Belt, One Road”, so that the Chinese Communist Party The government’s decision to cancel the “One Belt, One Road” project is a major step forward.
The government has announced the cancellation of the “One Belt, One Road” agreement between Victoria and the Chinese Communist Party. (Photo/reproduced from CCTV news microblog)
The government has also announced that it is going to cancel the agreements between the state governments and foreign countries that are considered to be a threat to national interests. Australian Foreign Minister Marise Payne recently said that the federal government will unilaterally revoke the Victorian government’s decision to join the Communist Party’s “One Belt, One Road” program.
Payne issued a statement withdrawing four documents, including memoranda of understanding and structure agreements signed by the Victorian government in 2018 and 2019. “I do not believe these four agreements are consistent with Australia’s foreign policy or are detrimental to our foreign relations.” Penn said she would also revoke the memorandum of understanding signed between the Victorian education department and Iran in 2004, as well as the science cooperation agreement signed with Syria in 1999.
In response, the business newspaper noted in an editorial that Australian Prime Minister Morrison had embarrassed Chinese Communist Party General Secretary Xi Jinping by saying no to the Belt and Road Initiative. The government’s decision to abolish the “Belt and Road” agreement has limited direct economic impact, as the two sides have only signed a memorandum of understanding and a framework agreement, and specific projects have not yet been launched.
The government of the State of Victoria has decided to revoke the decision to join the “One Belt, One Road” program of the Chinese Communist Party. (Photo/referred from Marise Payne twitter)
The government’s decision to withdraw the decision of the Victorian government to join the “One Belt, One Road” program is not the first one to question, as it is believed that the funds provided by the Chinese government have often created an unbearable debt burden for the participating countries, such as in Sri Lanka, where China gained control of a strategically important port after the country defaulted on its debts.
But the Australian federal government is ready to withstand possible retaliatory measures from Beijing authorities, with Australian Defense Minister Dutton saying he would be very disappointed if the Chinese Communist Party took countermeasures, “but we will not be bullied.
Recent Comments