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Australia won't be biased in Chinalco issue: Trade Minister
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14:06, May 14, 2009

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Australian Trade Minister Simon Crean said here Thursday Australia won't be biased in dealing with Chinese state-owned Chinalco's application for a bigger share of Rio Tinto.

Crean said Beijing requires clarification that what Australian position is on foreign investment.

"They want to be assured that we don't have a discriminatory approach with China compared to everyone else."

Australia is open to any foreign investments and do not apply discriminatory procedures, said Crean.

During his recent visit to China, Crean clarified that Australia will follow a national interest test in discussions with senior members of China's National Development and Reform Commission and his trade counterpart.

"I don't think that there is any doubt on their part that our political will is to engage on investment," Crean said.

Source: Xinhua

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