China resumes routine inspections of Australian lobsters

Published 2024년 12월 26일

Tridge summary

China has restarted quarantine inspections for lobsters imported from Australia, reopening a trade route that had been blocked since late 2020 due to diplomatic tensions. The decision indicates a thaw in bilateral relations, marking the resolution of all trade disputes that had led China to impose bans and tariffs on Australian goods worth A$20 billion. China is keen to improve its economic and trade relations with Australia and broaden cooperation in various sectors.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

BEIJING (Dec 26): China's commerce ministry on Thursday said it has resumed regular quarantine inspections for lobsters imported from Australia, effectively restoring shipments that had been disrupted since late 2020 due to a diplomatic dispute. China hopes to work with Australia to properly manage bilateral economic and trade relations and to expand and deepen cooperation in both traditional and emerging sectors, ministry spokesperson He Yongqian told a regular news conference. In late 2020, China imposed unofficial bans and tariffs on Australian goods valued at A$20 billion (RM55.9 billion), including coal, wine, and rock lobster, after Canberra called for an ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.