{"id":66325,"date":"2023-09-28T06:19:17","date_gmt":"2023-09-28T10:19:17","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/australia-says-exports-of-hay-to-china-will-resume\/"},"modified":"2023-09-28T06:19:19","modified_gmt":"2023-09-28T10:19:19","slug":"australia-says-exports-of-hay-to-china-will-resume","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=66325","title":{"rendered":"Australia says exports of hay to China will resume"},"content":{"rendered":"
\n

CANBERRA (Reuters) – The Australian government said on Thursday that China was removing barriers to imports of hay from Australia, the latest step towards normalising trade relations between the two countries. <\/p>\n

China restricted imports of a range of commodities from Australia in 2020 after Australia called for an inquiry into the origins of COVID-19 but began to remove these barriers following a change of government in Canberra last year. <\/p>\n

Australian exports of commodities including barley, coal and timber to China resumed earlier this year but barriers remain on wine, lobsters and meat from some abattoirs. <\/p>\n

“This is another positive step forward, but there is more work to do,” Trade Minister Don Farrell was quoted as saying in a joint statement with the agriculture ministry. <\/p>\n

“I will continue to persevere and press for all outstanding impediments to be removed as soon as possible,” he said. <\/p>\n

The statement said some steps were yet to be finalised before shippers would be able to export. <\/p>\n

Australia exported hay and chaff worth A$78 million ($50 million) to China last year, down from A$160 million in 2020, and Australia’s total hay and chaff exports in 2022-23 were worth A467 million, the ministries said.<\/p>\n

The United States last year exported hay worth $698.8 million to China, 18% more than the year before, trade data show. <\/p>\n

($1 = 1.5689 Australian dollars) <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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