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​Funding to support seafood trade with China

Coffs Harbour based NSW Professional Fishermen’s Association will receive more than $11,500 from the Australian Government’s Australia-China Agriculture Cooperation Agreement to undertake a trade mission to China to boost seafood exports.

Assistant Minister to the Deputy Prime Minister, Luke Hartsuyker, said this was part of the Association’s plans to use an innovative business-to-business seafood ecommerce platform to enhance export opportunities.

“The NSW Professional Fishermen’s Association recognises the huge opportunities to grow our seafood exports under the China–Australia Free Trade Agreement (ChAFTA),” Minister Hartsuyker said.

“This trade mission will inform the Association’s plans to collaborate and use a business-to-business seafood ecommerce platform to enhance export opportunities for a range of wild caught seafood products in China.

“This work will shorten the supply chain, enabling the fishers to be closer to the market and able to respond quickly to market signals.

“Seafood exports to China were valued at $86 million in 2016, and with tariffs on seafood exports of between 0 to 23 per cent set to be eliminated for all products by 1 January 2019, there are opportunities ahead.”

Minister Hartsuyker said one of the main seafood export challenges has been the ability to produce the consistent quantities of a single species typically required by volume buyers in export markets.

This project will address this by assessing the feasibility of exporting permitted mixed finfish “catch of the day” product to niche markets in China, using species found in the NSW offshore trawl and the NSW estuarine fisheries.

“This local organisation has seen an opportunity ahead, and is undertaking the required groundwork to take full advantage and to grow seafood exports to China,” Minister Hartsuyker said.

“The longer-term opportunity is to establish long lasting trade relationships with Chinese importers and create a range of nutritious wild caught seafood products suited for Chinese consumers.”

Source: Australian Government

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