Australia working to secure new market opportunities in China

Oct 26 - The Rudd Government is helping to promote Australian agriculture to our second largest export market by funding a new round of industry visits to China.
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Minister for Agriculture, Fisheries and Forestry Tony Burke said the Government would fund six industry visits to China in 2010 and 2011, under the Australia-China Agricultural Cooperation Agreement.

Under the program, which has been running for more than two decades, delegates from Australia visit China, and vice versa, to help build closer commercial ties.

Nearly 200 visits between the two countries have been funded since the agreement was signed in 1984, including representatives from the beef, dairy, wool, horticulture, forestry, fisheries, food processing and agricultural economics industries.

Australian agribusinesses, agricultural producers and researchers have until the end of this week to apply for funding under this round of the program.

The Rudd Government covers the majority of costs for the Australian industry visits under the program.

Australia’s agricultural industries exported almost $3 billion worth of produce to China in 2007-08, including $1.5 billion worth of wool.

In 2008-09, Australian delegations worked to secure new market opportunities in olive oil, low-protein soft wheat and a counter-seasonal trade in cherries.

Mr Burke said China was one of the world’s fastest growing economies and it continued to offer significant new opportunities for Australian agriculture.

He has also visited China, accompanied by industry representatives, to promote trade including in Australian cereals and wine.

“We already export 60% of the food we produce and we will continue working with industry to expand trade opportunities,” Mr Burke said.