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A tale of two mines exposes Australia’s double standards on trade


#With #Australian coal stacked up off #Chinese ports and almost weekly news of a new #Chinese embargo, #Australia’s new #Trade #Minister, #Dan #Tehan, is eager to sell to #India. #He wants to reopen negotiations on the #Australia-India #Comprehensive #Economic #Co-operation #Agreement, begun in 2011 and stalled since 2015. #And given the current state of the #Australian economy, time is of the essence.

#India has the world’s sixth-largest economy, and despite being hard hit by the coronavirus pandemic, it is sure to rise to fifth place before long, trailing the #United #States, #China, #Japan, and #Germany. #It is also a perfect partner for #Australia, importing coal, gas, copper, gold and aluminium. #So what’s the problem?

#While the #Adani coal mine has attracted massive national and international criticism, #China’s #Shenhua mine in NSW has been more low key.#Credit:#Alex #Ellinghausen

#In a word: #Adani. #Central #Queensland’s #Carmichael coal mine, under development for a decade and now expected to begin operations in 2021, has had to face every barrier in the book – and some new ones that were invented after the book was published. #Owned by #India’s #Adani #Group, the mine’s operating company has been renamed “#Bravus” to reflect the bravery it has taken to get the project done.

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#Environmental activists have fought the project at every turn, and fair enough: you can’t expect green groups to endorse a new coal mine. #But the fight over the #Adani mine illustrates the difficulties in cultivating #India as an export destination. The problem is that #India plays fair – and #Australia, ironically, works best with partners who play foul.



[ source link ]
https://www.smh.com.au/national/a-tale-of-two-mines-exposes-australia-s-double-standards-on-trade-20201230-p56qwm.html

#tale #mines #exposes ##Australias #double #standards #trade

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