China drops live lobster ban amid thawing of trade war
Prime Minister Anthony Albanese and Chinese Premier Li Qiang agreed the embargo would be lifted by the end of 2024—in time for the Lunar New Year—following a meeting on Thursday at the ASEAN summit in Laos.
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00:00With our patient, calibrated and deliberate approach, we've restored Australian trade
00:06with our largest export market.
00:10And today we discussed restarting exports of Australian live rock lobsters.
00:16We've worked for the removal of trade impediments one by one.
00:20The Premier pointed out the quite considerable growth that has occurred in Australian exports
00:26including wine and barley that has grown to be larger than what was there before.
00:33There were impediments to that trade.
00:36I'm pleased to announce that Premier Lee and I have agreed on a timetable to resume full
00:42lobster trade by the end of this year.
00:46This of course will be in time for Chinese New Year.
00:50And this will be welcomed by the people engaged in the live lobster industry in places like
00:59Geraldton and South Australia and Tasmania and so many parts of particularly regional
01:05Australia where this is just one of the elements that produce jobs for Australians.
01:15And that is what our priority has been.
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