China’s developing taste for Australian goods
Even more fruits of our Aussie farmer’s hard labour can be enjoyed overseas, thanks to new export laws passed recently. Our very own Luke Hartsuyker, Assistant Minister to Deputy Prime Minister Barnaby Joyce, was recently in China to witness the arrival of the first box of Australian nectarines. The new fruit joins Australian oranges, table grapes and cherries on an ever-growing list of produce.
Our two-way agriculture trade with China is worth $12.6 billion following the signing of the China and Australia Free Trade Agreement in 2015. And our trade opportunities are set to expand, as tariffs on other horticultural goods are reduced and relationships expand into sectors other than horticulture.
During Luke’s recent visit to China, he also signed a Statement of Intent to further collaboration in the grains sector. “…grain science technology, quality testing and policy and structural adjustment in the grain sector [are] areas both nations are keenly interested in,” said Luke.
While at the China Food Security and Food Safety Summit, Luke acknowledged Australia’s role in catering to the world’s second largest importer of agriculture, food and fishery products:
“As a strong agricultural trading nation that has undertaken extensive agricultural reform, Australia is very pleased to contribute our insights and experience to this important discussion, and to work with China to strengthen its agriculture sector.”
Global food consumption is projected to increase by 75 per cent between 2007 and 2050, 50 per cent of that demand to come from China.