David Coleman, Federal Member for Banks, has welcomed the Australian Government’s negotiations to form a Free Trade Agreement with China.

“China is our largest two-way trading partner and is absolutely vital to our future economic prosperity,” Mr Coleman said.

“The proposed Free Trade Agreement will only make China an even more valuable trading partner, strengthening current ties and creating new opportunities.

Mr Coleman’s electorate of Banks has the highest proportion of Chinese-Australians, out of all electorates, in Australia.

“China isn’t just an important trading partner,” Mr Coleman said. “We have important cultural and community ties to China also”.

“The Chinese community is an important contributor to not just Banks, but Sydney in general. I am deeply honoured and privileged to represent an electorate that is diverse and vibrant.”

Mr Coleman raised the possibility of the Free Trade agreement with the Governor of the Reserve Bank of Australia (RBA), Mr Glenn Stevens, at the House of Representatives Standing Committee on Economics hearing on March 7.