AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

BEIJING/SYDNEY: Australia’s Prime Minister Anthony Albanese met Chinese Premier Li Qiang in Beijing on Tuesday, in what Albanese said was an annual leaders’ meeting that would continue as relations between the trading partners stabilised.

Albanese is in China on the first visit by an Australian leader in seven years, after a diplomatic dispute had put a halt to once-annual meetings of leaders.

President Xi Jinping said on Monday stable ties between China and Australia served each other’s interests and both should expand their cooperation, sending a clear signal that China was ready to move on from recent tensions.

“The fact that these meetings are now going to continue is very important for our relations,” Albanese said in opening remarks to Li at the Great Hall of the People.

China has lifted trade blocks on most Australian exports, that were imposed in 2020 in the wake of Australia’s call for an international investigation into the origins of the COVID-19 pandemic.

Albanese said they would discuss “the full resumption of free and unimpeded trade between our two countries”, as well as “ways to shape a regional and global order that is peaceful, stable and prosperous”, according to a transcript from his office.

China, Australia can become ‘trusting’ partners, Xi says

“Where there is geostrategic competition, we must all manage it carefully, through dialogue and through understanding,” he said.

China’s October imports from Australia grew 12% from a year earlier to $11.96 billion, Chinese customs data showed on Tuesday, accelerating from the 4.9% increase in September.

From January to October, Chinese imports rose 8.4% to $128.76 billion.

Last year, imports from Australia dived 12.7% to $142.1 billion.

Comments

Comments are closed.