China has fully lifted suspensions on Australian red meat, Canberra said on Tuesday, dismantling one of the final barriers in a four-year trade war that hammered US$13 billion of exports.
A slew of Australia’s most lucrative export commodities were effectively banned from China starting in 2020, as relations between the two nations started to fray.
But China has been gradually unwinding these barriers as Australia steps up efforts to mend ties on the diplomatic front.
Red meat and lobster were the last two commodities subject to some form of barrier or export ban.
Australian Prime Minister Anthony Albanese said on Tuesday that China had paved the way for “full resumption of red meat exports”.
Meanwhile, full lobster trade is expected to resume by the end of the year.