Australia’s Trade Minister: Working with China to resume full trade

Australian Trade Minister Don Farrell said on Monday he will travel to Beijing at China’s invitation, as they are working with China to resume full trade.

Additional comments

Will meet Chinese counterpart soon.

The two have agreed to enhance dialogue at all levels, including between officials as a pathway towards a timely and full resumption of trade.

Agreed to explore further opportunities for cooperation on a wider range of issues.

Australia looks forward to welcoming Chinese tourists and students back to our shores.

Market reaction

AUD/USD extending recovery gains toward 0.6950 on the above headlines, adding 0.29% on the day.