The Albanese Labor Government has agreed a timetable with China for the full resumption of Australian live rock lobster exports by the end of the year.
This will save the jobs of 3,000 Australians employed in the industry, 2,000 of which are in Western Australia.
The agreement to a timetable for the re-entry of live rock lobster was made during a meeting between Prime Minister Albanese and China’s Premier Li Qiang today on the sidelines of the ASEAN Summit in Vientiane, Laos.
This outcome is another step towards stabilising the bilateral relationship between China and Australia. This is positive news for the lobster industry and for Chinese consumers, who will have access to high-quality Australian rock lobsters in time for Lunar New Year.
Since 2020, Australian rock lobsters have been effectively prevented from entering China’s market, which was worth over $700 million in 2019.
We acknowledge the Australian rock lobster industry for their resilience during a challenging period.
The Albanese Government has seen progress on the removal of trade impediments for wine, barley, coal, cotton, timber logs, copper ores and concentrates; and some meat establishments – almost $20 billion worth of Australian exports.
With our patient, calibrated, and deliberate approach, we are restoring Australian trade with our largest export market.
The Albanese Government will continue with its calm and consistent approach to the China relationship - where we cooperate where we can, disagree where we must, and engage in the national interest.
Quotes attributable to Prime Minister Anthony Albanese
“Resolution of trade impediments is at the top of our Government’s agenda. The reinstatement in normalised trade for all commodities is front and centre of the Government’s engagement strategy with China.
“It is in the interests of both our countries to continue this path of stabilising our relationship. A resumption in trade for all Australian commodities is an important part of this process.
“Having dialogue helps us navigate our differences and build upon areas where we can cooperate – without compromising on any Australian interests.”
Quotes attributable to Foreign Minister Penny Wong
“The Albanese Government’s approach to China has been patient, calibrated and deliberate – and our approach has paid dividends for Australians and for the national interest.
“We continue to urge Australian businesses to diversify to grow value for their companies and for their country.
Quotes attributable to Trade and Tourism Minister Don Farrell
“This is a great outcome for the Australian lobster industry and for Chinese consumers.
“The Albanese Government is delivering for Australian farmers, miners, businesses and workers.
“I encourage businesses to continue to take advantage of new trade diversification opportunities created by this Government.”
Quotes attributable to Minister for Agriculture, Fisheries and Forestry, Julie Collins
“This agreement on a timetable with China for the full resumption of trade by the end of the year is a significant step forward for Australia’s rock lobster industry and will deliver job security for fishing communities in regional areas.
“The resumption of full Australian rock lobster exports to China is expected to have a trade potential of over $700 million.”