Saturday, August 29, 2020

AUSTRALIA_ China has most deals at risk under new foreign interference powers

NEWS.COM.AU

finance  -   economy  -   australian economy

China has most deals at risk under new foreign interference powers

More than 130 deals involving foreign governments could be binned under new powers to manage threats against our national interest.

Jade Gailberger
NCA NewsWire

August 27, 2020 5:06pm

Video  -  Image

More than 130 deals between states, territories and foreign governments could be ripped up under new powers to manage threats against Australia’s national interests.

China tops the list of at least 30 countries partnering with governments in Australia, with 48 agreements already existing.

New figures also reveal the Queensland Government has the most deals (31) with foreign governments. South Australia has 29 and NSW and Victoria both 20.

Under the proposed new laws, agreements made by public universities, state and territory governments and local councils will be subject to a new national interest test and put on a public register.

Prime Minister Scott Morrison would not weigh in on specific agreements, including Victoria’s controversial Belt and Road initiative, saying he did not want to prejudice any decisions.

“Where any foreign government seeks to undermine the sovereignty of Australia’s foreign policy by seeking to do deals with sub-national governments, Australia needs to protect itself from that,” he said.



Scott Morrison has refused to pin the need for proposed new powers as a way to counter threats from China. Picture: NCA NewsWire / Gary RamageSource:News Corp Australia

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READ MORE: https://www.news.com.au/finance/economy/australian-economy/china-has-most-deals-at-risk-under-new-foreign-interference-powers/news-story/8ed749ddfc5e50e1c6a3b21a24ce2dda

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Prime Minister Scott Morrison would not weigh in on specific agreements, including Victoria’s controversial Belt and Road initiative, saying he did not want to prejudice any decisions.

“Where any foreign government seeks to undermine the sovereignty of Australia’s foreign policy by seeking to do deals with sub-national governments, Australia needs to protect itself from that,” he said.

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“No one believes that it is acceptable to see foreign interference, foreign governments trying to determine what’s taught or the discussions that are had at Australian universities,” Ms Plibersek said.

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The Australian Local Government Association said it was not consulted prior to the announcement and no concerns about sister-city relationships had previously been raised.

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