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China agrees to drop Australia live lobster ban

Australia’s lobster industry will regain access to the lucrative ******** market after the two nations negotiated a resolution to trade barriers.

Beijing maintains a block on live rock lobster imports from Australia despite dropping billions of dollars of other tariffs on *********** products such as barley and wine.

Prime Minister Anthony Albanese and ******** Premier Li Qiang agreed the embargo would be lifted by the end of 2024 after meeting on the sidelines of the ASEAN summit in Laos on Thursday.

“Premier Li and I have agreed on a timetable to resume full lobster trade by the end of this year,” he told reporters in Vientiane following the meeting.

Live lobsters and two *********** beef processors were the last remaining trade impediments following a years-long trade war between the two nations.

China cited biosecurity concerns over *********** lobster, which the industry rejected.

Mr Albanese hosted Mr Li in Australia in June.

Senate president Sue Lines will lead a parliamentary delegation to China in the middle of October.



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#China #agrees #drop #Australia #live #lobster #ban

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