{"id":10491,"date":"2024-10-10T15:40:55","date_gmt":"2024-10-10T09:55:55","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=10491"},"modified":"2024-10-10T15:40:55","modified_gmt":"2024-10-10T09:55:55","slug":"china-to-end-australia-lobster-sanctions-ending-spiky-spat","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/china-to-end-australia-lobster-sanctions-ending-spiky-spat\/","title":{"rendered":"China to end Australia lobster sanctions, ending spiky spat"},"content":{"rendered":"
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China will lift sanctions on the lucrative trade in Australian lobster, Prime Minister Anthony Albanese said Thursday, heralding the end of a years-long politically charged spat between the two countries.<\/p>\n

After meeting Chinese Premier Li Qiang in Laos, Albanese said both had agreed to a “timetable to resume full lobster trade by the end of this year”.<\/p>\n

Since 2017, Beijing has slapped levies on almost US$15 billion worth of Australian exports, from wine to lobsters to timber.<\/p>\n

After years of efforts to improve relations, the lobster trade — worth almost half a billion US dollars a year — is one of the last Australian exports to remain under Chinese sanctions.
\nChina denied a raft of punitive tariffs were politically motivated.<\/p>\n

But the measures coincided with an Australian crackdown on Chinese influence operations, a decision to block Huawei from running Australia’s 5G network, and Canberra’s barbed call for an investigation into the origins of the COVID-19 pandemic.<\/p>\n

The decision comes as Beijing faces deepening trade wars with Europe and the United States, which have slapped punitive tariffs on China’s electric vehicle exports, semiconductors, solar panels and a range of other goods.<\/p>\n

Thursday’s announcement is a significant political win for Albanese, as he eyes a reelection in early 2025.<\/p>\n

The centre-left leader has spent much of his two-plus years in office trying to isolate the vital trade relationship with Beijing from still-unresolved political differences over rights and the rule of law.
\nIt is also a win for Australia’s lobster exporters, most of whom are based in Western Australia, a key electoral battleground.<\/p>\n

Albanese said the sanctions would be lifted in time for the Chinese New Year, when luxury goods like lobster are in hot demand.<\/p>\n","protected":false},"excerpt":{"rendered":"

China will lift sanctions on the lucrative trade in Australian lobster, Prime Minister Anthony Albanese said Thursday, heralding the end of a years-long politically charged spat between the two countries. After meeting Chinese Premier Li Qiang in Laos, Albanese said both had agreed to a “timetable to resume full lobster trade by the end of […]<\/p>\n","protected":false},"author":1,"featured_media":10492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-10491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/10491"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=10491"}],"version-history":[{"count":1,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/10491\/revisions"}],"predecessor-version":[{"id":10493,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/10491\/revisions\/10493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/10492"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=10491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=10491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=10491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}