Search

 

Cablegate: Australia and Chile Conclude Fta

VZCZCXRO5596
RR RUEHPT
DE RUEHBY #0554 1500734
ZNR UUUUU ZZH
R 290734Z MAY 08
FM AMEMBASSY CANBERRA
TO RUEHC/SECSTATE WASHDC 9639
INFO RUEHSG/AMEMBASSY SANTIAGO 0302
RUEHKO/AMEMBASSY TOKYO 3068
RUEHBJ/AMEMBASSY BEIJING 9053
RUEHUL/AMEMBASSY SEOUL 9460
RUEHWL/AMEMBASSY WELLINGTON 5336
RUEHBN/AMCONSUL MELBOURNE 5302
RUEHPT/AMCONSUL PERTH 3584
RUEHDN/AMCONSUL SYDNEY 3499

UNCLAS CANBERRA 000554

SENSITIVE
SIPDIS

STATE PLEASE PASS USTR; STATE FOR EEB, EAP/ANP, WHA

E.O. 12958: N/A
TAGS: ETRD EINV ECON AS CI
SUBJECT: AUSTRALIA AND CHILE CONCLUDE FTA


1. (U) Summary: Australia and Chile have concluded
negotiations for an FTA. It is expected to be signed in
July. This is the first FTA to be concluded by the Rudd
Government; negotiations began under the previous Howard
government. End summary.

2. (U) On May 27 Trade Minister Simon Crean announced that
Australia and Chile have concluded negotiations on a free
trade agreement. Crean, who has been critical of the former
Howard Government's policy of favoring bilateral FTAs over
the multilateral approach, stressed this is a "high-quality
agreement" covering goods, services, and investment, that
exceeds Australia's and Chile's WTO commitments. (In turn,
the opposition noted that they launched the talks and did a
significant part of the negotiations on the Chile FTA before
the Rudd Government won office last November.)

3. (U) Crean added he would continue to champion strong
FTAs, and that this deal disproved the opposition's claims
that the Rudd Government has "taken its eye off the trade
agenda." Crean also added a dig against the Howard
Government for "selling out Australian agriculture to pursue
an FTA at any cost" - for example, excluding sugar from the
US-Australia FTA and giving the US an 18-year phase-in for
improvement in access for imports of Australian beef and
dairy products.

4. (U) Chile is Australia's third-largest trade partner in
Latin America, with two-way trade exceeding US$800
million/year. Australian FDI in Chile totals around US$3
billion, making it the fourth largest foreign investor in
Chile.

5. (U) Department of Foreign Affairs and Trade contacts
expect the agreement will be signed by the end of July, and
it would enter into force on January 1, 2009. Post will
follow up with a more detailed analysis of the FTA.

6. (SBU) Comment: Crean trade adviser Sophie Ward stressed
to us Crean's commitment to quality FTAs; it appears the
Chile one fits the bill. She also acknowledged that this was
a relatively easy one, since Chile wanted the FTA and like
Australia, has already concluded quality FTAs with the United
States. FTA talks with Japan and China has been much more
difficult. End comment.

MCCALLUM

© Scoop Media

 
 
 
 
 
World Headlines

 

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

Another US Court: Fourth Circuit Rules Muslim Ban Discriminatory

ACLU: Step by step, point by point, the court laid out what has been clear from the start: The president promised to ban Muslims from the United States, and his executive orders are an attempt to do just that. More>>

ALSO: