China wants visa reform to progress FTA talks

Australia and China have been negotiating a Free Trade Agreement (FTA) for over nine years and are looking close to an agreement by the year’s end. However, the countries need to face-up to resolving the sensitive issues of visas and land purchase rights in order to realise the hope of having a deal in place by the end of the year.
China is particularly keen on Australia’s agricultural sector but remains concerned that labour entry requirements and land purchase rights are too rigid, according to a report by the ABC.
“I think the Australian side can actively examine the existing labour admission system and visa approval procedures and take some necessary reforms. There is no doubt that appropriate adjustment of the admission policy of foreign labour, necessary reform of overseas workers visa approval system, and allowing foreign investors to have more autonomy and to bring some overseas workers will help to introduce more investment especially from China,” Mr Li Mr Li told a conference on food and agriculture organised by the Australia China Business Council.
According to the ABC report, many Australian farmers and the government want foreign investment in agriculture. It says a report commissioned by ANZ Bank last year estimates the sector needs an extra 600 billion dollars by 2050 to bring it up to speed to take advantage of the opportunities
Chinese investors are thought to hold 1 per cent or less of Australian farmland. It's the area that might prove the most difficult for Australians to feel comfortable with.
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