Australia
32 minutes agoAustralia’s trade relations with China have undergone a major $160 million development.The sanction on the export of Australian hay has been lifted after three years of being implemented. The Department of Foreign Affairs and Trade has confirmed in September that exports of Australian hay to Chinese ports will resume in the coming weeks.The announcement follows the lifting of sanctions on products like coal, cotton and timber but they remain in place on some other items, like Australian wine.Before the pandemic, the hay trade with China was worth around $160 million a year.
Australia’s trade relations with China have undergone a major $160 million development.
The sanction on the export of Australian hay has been lifted after three years of being implemented.
The Department of Foreign Affairs and Trade has confirmed in September that exports of Australian hay to Chinese ports will resume in the coming weeks.
The announcement follows the lifting of sanctions on products like coal, cotton and timber but they remain in place on some other items, like Australian wine.
Before the pandemic, the hay trade with China was worth around $160 million a year.
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