Tag Archives: Geraldton Fishermen’s Cooperative
China-Australia Relations: Beijing resumes imports of Australian lobster after 4-year ban
Australian lobsters are heading to China once again, after a 4-year absence. The industry says the removal of a trade ban by China late last year has opened the door to its biggest and most profitable export destination, just in time for the Chinese New Year. The haul on this day was a good one for Basil Lenzo and his crew. About 400 kilos of western rock lobsters. What’s even more significant for the 3rd generation fisher is that much of this catch will end up in China. In 2019, about 95% of Australia’s western rock lobsters were sent to China, which was the industry’s most profitable export market worth more than $700 million. The next year, China imposed tariffs and trade blockages on a number of Australian exports including lobsters. Video, more, >>CLICK TO READ<< 19:30
Australian lobster exports feared latest victim of China trade dispute
Tonnes of live Australian lobster are stranded on the tarmac at a Chinese airport, prompting fears they are the next victim in the ongoing trade dispute between Australia and China. The lobsters are facing Chinese customs clearance issues as exporters run out of time to get them into restaurants and shops before they are spoiled. A rejection of the lobsters or a further delay of more than 48 hours, would send a message that it is another trade strike after a year of rising tensions. In 2018-19 more than 94 per cent of Australia’s $752 million rock lobster exports went to China, >click to read< 08:17
