AUSTRALIA - Trade with India Rather Than China

Arno Froese

Australian special envoy and former Prime Minister Tony Abbott said a free trade agreement between his nation and India would signal the “democratic world’s tilt away from China.”

“Because trade deals are about politics as much as economics, a swift deal between India and Australia would be an important sign of the democratic world’s tilt away from China, as well as boosting the long-term prosperity of both our countries,” Abbott added.

Abbott accused Beijing of “capricious boycotts” of Australian exports including coal, barley, wine and seafood that demonstrated Chinese use of trade as a “strategic weapon.”

“The basic problem is that China’s daunting power is a consequence of the free world’s decision to invite a communist dictatorship into global trading networks,” Abbott said.

India is particularly concerned by freer trade in Australian farm exports. New Delhi’s demands for less restrictive visas for Indian workers is a major sticking point for Australia.

Australia’s current Prime Minister Scott Morrison and his Indian counterpart Narendra Modi last year upgraded the bilateral relationship with a raft of agreements that strengthened defense ties and committed both nations to expanding trade., 9 August 2021

Arno's Commentary

Geographically speaking, the distance from Australia to China and India is about the same. As far as close ties, however, India is favored; until 1947, the subcontinent was a British colony. Australia is still part of the British Commonwealth. Nevertheless, China is an important economic partner. The CIA Factbook shows that Australian exports to China are at 39% of the total, while exports to India are only 5% (2019). Imports from China: 25%, with India not even listed.

This writer, who lived in Australia for five years, remembers stories told during the early 1960s. A farmer recalled the mountain of wheat from Melbourne to Geelong, unable to be exported to Britain due to the war. Eventually, most of it was sold to China for a higher price than Australia ever received from Britain. Not to mention, the wheat was vermin infested and degraded in quality.

Politics and economy go hand in hand. Australia will not and cannot ignore China, which is true for Europe and America as well. There will be negotiations, compromises, and deals, so that globalism will only continue, but increase.

When we speak of Bible prophecy fulfillment, we must not limit it to local or national events, which come and go, but must stick to what is written: “After this I saw in the night visions, and behold a fourth beast, dreadful and terrible, and strong exceedingly; and it had great iron teeth: it devoured and brake in pieces, and stamped the residue with the feet of it: and it was diverse from all the beasts that were before it; and it had ten horns” (Daniel 7:7). This is something not just for the future, but is in the works today. The last Gentile superpower—the Iron Empire—is creating new power blocs while ignoring previous ones. Or as it says, “it devoured and brake in pieces, and stamped the residue with the feet of it.”

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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