New sheep export protocol confirmed between Australia and China
"Australia and China share a longstanding and mutually beneficial trade in livestock and genetic material," Minister Hartsuyker said. "China is our tenth largest market for live animal exports, growing from $117 million in 2010 to $173 million in 2016, and is our largest market for breeder cattle," Mr. Hartsuyker added.
The Australian meat industry sees a potential to grow on the Chinese market as the trade increased significantly year-over-year, as there is a high demand for Australian livestock in China.
All protocols were signed at the sixth Sanitary and Phytosanitary High-Level Dialogue meeting between Department of Agriculture and Water Resources and Chinese officials in Sydney.
"Tariff reductions under the China-Australia Free Trade Agreement (ChAFTA) have seen the pre-ChAFTA 10% tariff for live slaughter and feeder cattle and live slaughter sheep exports fall to just 4%. These tariffs will be completely eliminated by 1 January 2019," the Minister's statement read.
Australia is one of the few countries to have negotiated access for live feeder and slaughter cattle to China.
In 2016, Australia exported over 3 million feeder, slaughter, and breeder livestock around the world, including approximately 1 million feeder and slaughter cattle exported to 16 markets.
This entails a great responsibility, since we are talking about one of the fundamental pillars of...
"In February I will travel with some businessmen to Japan for an audience with the Japanese Minis...
Global markets are always shifting, particularly in the current context of multiple regional conf...