After years of (partial) ban: Australia once again has full access to its second largest beef market

Published 2024년 12월 3일

Tridge summary

China has lifted trade restrictions on two additional meat processing facilities in Australia, marking a significant step towards the full resumption of meat exports to China. This follows China's previous decision to lift restrictions on all 10 Australian slaughterhouses that were previously banned. The move comes after China's retaliation against Australia's call for an independent investigation into the origins of the Covid-19 coronavirus, which led to trade restrictions on various Australian goods. The Australian government welcomes this development, highlighting it as a positive for the country's exporters, manufacturers, and farmers. China is a crucial market for Australian beef and veal, importing approximately 200,000 metric tons per year, valued at around $1.5 billion.

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Original content

China has lifted trade restrictions on two meat processing facilities in Australia, paving the way for a full resumption of meat exports to the world's second-largest economy, the Australian government said, Reuters reported. Beijing has already recently lifted restrictions from all 10 Australian slaughterhouses that were banned between 2020 and 2020. and 2022 Those bans came as China blocked imports of goods including coal, barley and wine from Australia after Canberra called for an independent investigation into the origins of the Covid-19 coronavirus. They will build a huge solar park in Australia, it will provide electricity for millions of people The cost of the project is estimated at 13.5 billion US dollars Prime Minister Anthony Albanese said: "This is great news for Australia's exporters, manufacturers and farmers. Since we were elected (the government) we have worked tirelessly to reopen trade and that's exactly ...

Source: Money