Australian Prime Minister Anthony Albanese says China will resume importing Australian live lobsters by the end of the year.

Australian Prime Minister Anthony Albanese said China has agreed to lift restrictions on lobster imports by the end of the year, removing one of the last trade barriers imposed by Beijing during a period of tension between the nations.

China will lift a ban on Australian rock lobster imports by the end of the year, Australia’s prime minister said, as ties between the two major trading partners continue to stabilize.

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Sky News Political Editor Andrew Clennell says China “finally” lifting its lobster sanctions against Australia is a “win for the PM”.

Australia and China are set to end their long-running dispute over lobsters. On October 10, 2024, Australia’s Prime Minister, Anthony Albanese, announced that China would lift its sanctions on Australian lobster imports.

After four difficult years Australia’s rock lobster industry is celebrating the lifting of China’s ban on live lobster imports. It re-opens a lucrative market, but some are cautious about how much it should be relied on.

Security experts are warning Australia needs to prioritise national security over trade after Beijing agreed to lift its ban on lobster.

China will resume importing Australian live lobsters by the end of the year, removing the final major obstacle to bilateral trade that once cost Australian exporters more than 20 billion Australian dollars ($13 billion) a year,