China will lift 4-year ban on Australian lobster imports, Australia's prime minister says

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China will lift 4-year ban on Australian lobster imports, Australia's prime minister says
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MELBOURNE, Australia (AP) — China will resume importing Australian live lobsters by the end of the year, removing the final major obstacle to bilateral trade...

MELBOURNE , AustraliaChina will resume importing Australia n live lobsters by the end of the year, removing the final major obstacle to bilateral trade that once cost Australia n exporters more than 20 billion Australia n dollars a year, Australia ’s prime minister said Thursday.

“This of course will be in time for Chinese New Year and this will be welcomed by the people engaged in the live lobster industry,” he added. “I’m encouraged by the progress that we have made between Australia and China’s relationship in producing stabilization to the benefit of both of our nations and with the objective of advancing peace and security in the region,” Albanese added.Australian lobster exports to China had been worth AU$700 million in 2019.

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