Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Australia Suspends Extradition Agreement With Hong Kong

Published 09/07/2020, 04:19
Updated 09/07/2020, 04:36
© Bloomberg. Scott Morrison, Australia's prime minister, speaks during a news conference at Parliament House, Canberra, Australia, on Thursday, Feb. 6, 2020. Morrison has shuffled key Cabinet portfolios, appointing new ministers to lead resources and agriculture after scandals and squabbles within his government’s junior coalition partner triggered two resignations.

(Bloomberg) -- Australia is suspending its extradition agreement with Hong Kong, Prime Minister Scott Morrison said, a move which stands to further inflame tensions with China.

Australia will also give skilled Hong Kong migrants five year visas with pathway for permanent residence, Morrison said at a briefing in Canberra on Thursday. His announcement comes after Canada suspended its extradition agreement with the former British colony last week, making it the first country to break law enforcement links with the city since China enacted sweeping new national security legislation.

“There will be citizens of Hong Kong who may be looking to move elsewhere, to start a new life somewhere else, to take their skills, their businesses and things that they have been running under the previous set of rules and arrangements in Hong Kong, and seek that opportunity elsewhere,” Morrison said. “Australia has always been a very welcoming country to such people.”

Australia said earlier Thursday that its citizens in Hong Kong were at an increased risk of detention, saying national security legislation could be interpreted broadly.

©2020 Bloomberg L.P.

Latest comments

hypocrisy - western world - the british——- The British Empire ruled 23 % of the Earth's population. The UK's rule included over 80 nations around the world, some of which are no longer nations of course but have been absorbed into others. 56 of those nations remain in the British Commonwealth today. Even you Australia- the British colonised your country in 1931 after ruling your country. What‘s this about HK / China- hypocrites of this world today
Most of britains occupied countries benefitted from the rule of law, democracy and free markets. History is rife with things that could have been better and not done at all. Most people alive today cannot be held responsible for what took place and was put in motion many years ago. But what is a fact is that China does not practise democracy, equal rights and free markets, something that most civilised nations, such as Hong Kong, want to have as a pillar of their society. People want to be treated equally and have their rights and freedoms. Under a communist society, that is simply not possible. It is simply not enough to say that because britain had an empire so should china, it is not an excuse to try and stamp out democracy and free speech.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.