PM strikes deal with Chinese premier to resume lucrative rock lobster trade

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PM strikes deal with Chinese premier to resume lucrative rock lobster trade
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Speaking from Laos where he is attending the ASEAN Summit, Anthony Albanese said he struck a deal with Chinese premier Li Qiang to lift trade restrictions facing rock lobster fisher.

Speaking from Laos where he is attending the ASEAN Summit, Anthony Albanese said he struck a deal with Chinese premier Li Qiang to lift trade restrictions facing rock lobster fishers for the past four years.

"We've worked for the removal of trade impediments one by one. The premier pointed out the quite considerable growth that has occurred in Australian exports, including wine and barley, that has grown to be larger than what was there before there were impediments to that trade." "This will be welcomed by the people engaged in the live lobster industry in places like Geraldton and South Australia and Tasmania and so many parts of particularly regional Australia," Albanese added.China once accounted for more than 90 per cent of Australia's rock lobster exports.

China was the biggest market for Australian-caught lobster, with over 90 per cent exported there before the country slapped the ban in 2020.

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