China has officially notified Australia that the full resumption of live rock lobster exports can commence immediately, marking a significant milestone in the bilateral trade relationship.
The announcement follows an October 2024 agreement between Prime Minister Anthony Albanese and Chinese Premier Li Qiang to restore live lobster trade by the end of the year. The decision comes as a major win for Australia’s hard-hit lobster industry, which has weathered years of trade challenges.
The Australian Government has praised the lobster industry for its patience and resilience during the prolonged period of restricted market access.
Prime Minister Albanese said in a statement: “This outcome reflects the value of our patient, calibrated, and deliberate approach to stabilising Australia’s relationship with China.”
The return of Australian live rock lobsters to Chinese markets is expected to bring substantial economic benefits and deliver job security for regional fishing communities.
Trade and Tourism Minister Don Farrell welcomed the move, emphasising its significance ahead of Lunar New Year celebrations.
The resumption of lobster exports also symbolises the removal of the last of the trade impediments that impacted approximately $20 billion worth of Australian exports, including wine, barley, coal, and red meat.
Foreign Minister Penny Wong highlighted that the Albanese Government’s approach to the China relationship was paying dividends: “We committed to stabilising the relationship without compromising Australian values, and today’s outcome proves our strategy is delivering.”
Minister for Agriculture, Fisheries and Forestry Julie Collins stressed the importance of the development for the fishing sector, adding, “This outcome ensures greater returns for our hardworking fishers and primary producers.”
With bilateral trade back on track, the Albanese Government affirmed its commitment to maintaining a constructive relationship with China, balancing cooperation with Australia’s national interests.