Australian Foreign Minister Marise Payne has taken aim at Beijing’s efforts to “buy influence” and “pick off” individual countries just prior to meeting with democratic world leaders at the upcoming G7 Plus meeting in Europe and with leaders in the United States.
Payne spoke in glowing terms about her visit to London, Geneva, and Washington D.C., where issues such as COVID-19, human rights, climate change, and security in the Indo-Pacific region are set to be discussed.
She noted, however, that Australia’s foreign relations were focused on creating “regional and global stability” and were not targeted influence operations.
“We do not try to buy influence to advantage our individual countries; rather, we know that a stable, secure neighbourhood of sovereign states, in which we have networks of familiarity and trust, are good, safe places for our people to live and thrive,” she added.
“If there is a spreading of influence here, it is the spreading of openness, freedom and trade that benefits everybody because we compete fairly based on rules,” she said. “It is not a mercantilist approach, rather one that seeks to support a productive and peaceful international community.”
“A nation whose people are healthy, socially cohesive, resilient to negative outside influence and open to international cooperation is a country with whom others can work with confidence.”
In April, Payne exercised powers granted to her by the newly legislated Foreign Relations Act to terminate Victoria’s BRI with Beijing’s National Development and Reform Commission.
“I consider these four arrangements to be inconsistent with Australia’s foreign policy or adverse to our foreign relations,” Payne said.
The BRI is Chinese leader Xi Jinping’s trillion-dollar global infrastructure building fund and arguably the “crown jewel” of the CCP’s geopolitical ambitions.
However, it has been accused of being a “trojan horse” and leaving developing countries heavily in debt due to predatory loan practices.
For example, in 2017, the Sri Lankan government agreed to hand over its Hambantota Port to the CCP on a 99-year lease after the government agreed to convert its $1.4 billion debt into equity.
Prime Minister Scott Morrison has left the door open for the possible termination of the deal but has maintained the government would act on advice from the Defence Department.
Another stumbling block is the heavily indebted Northern Territory government reportedly spent the $506 million paid by Landbridge—just a year after receiving it.