China-Australia trade: Lobster exports to restart by the end of 2024

Australia News News

China-Australia trade: Lobster exports to restart by the end of 2024
Australia Latest News,Australia Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 90%

Prime Minister Anthony Albanese said rock lobsters would be back on tables in time for Chinese New Year celebrations in January.

| Australia has cleared the final hurdle in its $20 billion trade dispute with China, with Beijing moving to lift import restrictions on rock lobsters in a major foreign policy victory for Anthony Albanese.

Mr Albanese said the timeline for imports to restart before the end of the year meant Australian rock lobsters – including from Western Australia, Tasmania and South Australia – would be on tables in time for Chinese New Year celebrations in late January.“We have continued to stabilise the relationship without compromising on any of Australia’s national interests,” he said after frank but warm talks with Mr Li.

As well as lobsters, the Chinese market is once again open to Australian coal, cotton, copper ores and concentrates, timber logs, oaten hay, barley and wine. Before the trip, Mr Albanese likened ongoing contact with China to engagement between Washington and Moscow at the height of the Cold War. On Thursday, he said Australia was a facing a period “of strategic competition in our region”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A snapshot of contemporary Australia: the 2024 Bowness photography prizeA snapshot of contemporary Australia: the 2024 Bowness photography prizeA selection of works from finalists in the Museum of Australian Photography’s prestigious annual survey
Read more »

Wild at Art 2024 winners: Australia’s threatened species through the eyes of childrenWild at Art 2024 winners: Australia’s threatened species through the eyes of childrenNearly 5,000 primary school students enter competition to create an artwork depicting threatened native animals or plants
Read more »

Latest modelling tips fourth La Niña for Australia in five years before the end of 2024Latest modelling tips fourth La Niña for Australia in five years before the end of 2024There are growing signs Australia's most impactful climate driver, La Niña, will develop during the coming months.
Read more »

2024 Mono awards: the best black and white photography in Australia and NZ2024 Mono awards: the best black and white photography in Australia and NZA mysterious, evocative portrait, a Canberra panorama and an artistic nature shot take the honours in annual competition
Read more »

Australia’s farming shopfront: Henty Machinery Field Days 2024Australia’s farming shopfront: Henty Machinery Field Days 2024More than 50,000 people are expected to attend the three-day field event in southern New South Wales, which is the largest agricultural event in Australia
Read more »

PAX 2024: What to expect at Australia's largest gamer gatheringPAX 2024: What to expect at Australia's largest gamer gatheringPAX Australia 2024 is coming to Melbourne in just a few weeks, with tens of thousands of gamers set to gather at the Melbourne Convention and Exhibition Centre.
Read more »



Render Time: 2025-02-14 15:09:20