A long-awaited meeting between Australia and China's top trade officials will take place next week. For the rock lobster industry, a lift on trade bans can't come soon enough
abc.net.
Mr Farrell's virtual meeting will be the first time the ministers responsible for trade have met in more than three years and it is expected to pave the way for an in-person meeting. But Mr Farrell was keen to temper expectations ahead of the virtual meeting with his Chinese counterpart, Wang Wentao."Lobsters, the wine industry has been very badly affected, meat, barley, coal. All of those products have been badly affected.
While managing to find new markets and new ways to diversify, Australia's rock lobster industry is still feeling the pain of the trade stoush."We used to supply over $700 million worth of terrific lobster into China," Mr Farrell said."There has been a terrible impact on the lobster industry."The rock lobster industry has been hit particularly hard by China's trade ban.
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