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AIIB Petition

PETITION

Australia must act independently in its national interest and join the Asian Infrastructure Investment Bank.

TO THE HONOURABLE THE SPEAKER AND MEMBERS OF THE HOUSE OF REPRESENTATIVES

This petition of the Citizens Electoral Council draws to the attention of the House the opportunity, which the Australian government is squandering, to participate in a grand vision for infrastructure development in the Asia-Pacific region, through the Asian Infrastructure Investment Bank (AIIB).

China, Australia’s largest and most important trading partner, initiated the AIIB to direct $50-100 billion per year into building the productive infrastructure of the Silk Road Economic Belt and Maritime Silk Road. This infrastructure will boost physical trade between nations and benefit the entire world. Twenty other Asian nations, including emerging superpower India, have joined the new institution. The AIIB is one of a number of new multilateral financial institutions associated with the BRICS alliance—Brazil, Russia, India, China, South Africa—which are intended to promote collaboration on economic development among sovereign nations.

It is an outrage that Australia is presently squandering this opportunity, because our national foreign policy is not independent, but is subservient to the militaristic, neo-conservative outlook of the City of London and Wall Street interests who control our strategic allies, the United States and United Kingdom, to whom the rise of China and the BRICS is viewed as a threat to Anglo-American world hegemony.

We the undersigned therefore petition the House to assert Australia’s national independence, and ensure that Australia does join the AIIB, so that our nation collaborates with our regional neighbours on economic development that will benefit all of our nations and give to our future generations economic prosperity.

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