China has lifted import bans on five major Australian beef processing facilities, in the latest sign of improving relations between the two nations, informs the Australian government.
China imposed the bans between 2020 and 2022, around the same time as it banned imports of a number of commodities, including coal, timber and wine, from Australia, after Canberra called for an independent investigation into the origins of Covid-19. The bans applied to certain plants but did not affect others, meaning Australia could still send beef to China.
"It was tough for those plants in particular, but we still saw meat exporting", said an analyst on agriculture. He added that lifting restrictions should boost Australian shipments to China, which have already increased. to its highest level since 2020 as a declining cattle herd in the United States, Australia's main competitor, reduces its exports.
Lower US supply may have been one reason for China's action. China was Australia's second-biggest beef export market last year, receiving 240,000 tonnes worth about $1.6 billion, Australian trade data shows.
Source: Adobe Stock | Euromeatnews.com
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