Access to China will protect Ireland from Brexit impacts

Published 2023년 1월 11일

Tridge summary

Irish MEP, Colm Markey, is pleased with the resumption of beef exports to China, which he believes will protect the Irish beef sector from the impacts of Brexit. The Chinese market is valued at approximately €100 million, and access to it is expected to increase demand and strengthen farmers' bottom line as they face rising production costs. The ban on beef exports to China in 2020 was lifted due to a case of atypical BSE that did not affect the food chain and posed no risk to human health.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

MEP Colm Markey has said that the resumption of beef exports to the lucrative Chinese market “will insulate the Irish beef sector from Brexit exposure”. He stated that the UK previously accounted for a huge portion of the beef export market, totaling 79% in the first six months of 2021. As a result, Brexit left the Irish market exposed and it is important that the government focusses on alleviating that. ”We must be acutely aware that the impacts of Brexit could mean a smaller percentage share of the UK market as the UK strikes deals with other countries such as New Zealand and Australia,” he said. The midlands north west MEP outlined that the Chinese market is worth roughly €100 million and access to it will lead to a significant increase in demand, which should create a stronger bottom line for farmers. He said it is “essential” that farmers are the ones who experience the full benefit of the development, as they try to cope with rising input prices. Advertisement “With the ...
Source: AgriLand

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