Australia’s $700M Rock Lobster Trade with China Set to Resume

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Australia’s $700M Rock Lobster Trade with China Set to Resume

Australia's Prime Minister Anthony Albanese announced that the country will resume exports of live rock lobsters to China before the end of the year.

The deal is massive news for Australia’s rock lobster industry, along with Chinese consumers who will again have access to the product for the upcoming Lunar New Year celebrations.

Since 2020, Australian rock lobsters have been effectively prevented from entering China’s market, which was worth over AU$700 million in 2019, per the Australian government...

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