french beef producers cheer chance for return to china
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

French beef producers cheer chance for return to China

Arab Today, arab today

Arab Today, arab today French beef producers cheer chance for return to China

French President Emmanuel Macron and Chinese counterpart Xi Jinping.
Beijing - Arab Today

French beef producers on Tuesday hailed a deal reached by President Emmanuel Macron and his Chinese counterpart Xi Jinping to end China's 2001 embargo on French beef.

The accord, which would allow French producers back into the huge Chinese market within six months, came as Macron made a three-day visit to the country, his first destination in Asia as France's leader.

The ban was imposed over a decade ago as Beijing started closing off its markets to all European and later US beef imports in the wake of the "mad cow" disease scare.

Paris has been working for years to promote the safety of its meat and open new markets for its ranchers, who were hit hard by the "mad cow" scare of the 1990s.

"Our beef currently has no access (to China) for sanitary reasons. But with French beef consumption falling five percent a year, we have to find new markets," said economy minister Bruno Le Maire, who is travelling with Macron.

"It will allow for higher prices that will better compensate cattle ranchers," he said.

- 'It will take time' -

Beef is rapidly becoming more common on Chinese tables as the middle class expands, with imported meat particularly prized.

"Excellent news for France's beef producers, who consider the potential of the Chinese market a strategic opportunity," the Interbev producers' association said in a statement.

Its president, Dominique Langlois, is part of the delegation of about 50 business leaders who joined Macron for his trip.

Interbev said China is the second-largest importer of beef, at nearly 1.1 million tons a year.

The average inhabitant eats four kilogrammes (8.8 pounds) each year, according to the Organization for Economic Cooperation and Development.

Ninety percent of China's imports currently come from Brazil, Uruguay, Australia and New Zealand.

Several countries have dropped their import bans against French beef in recent years, including the United States, which again opened its market last year after imposing a ban in 1998.

French producers could nonetheless find China a tough market to crack.

"There is market share for France to take in China," said Jean-Marc Chaumet, an economist who specialises in China at the French Livestock Institute in Paris.

"But it won't be an Eldorado. It will be hard and take time, because France will be entering a very competitive market already open to the US, Uruguay, Canada and Australia," he said.

"And they'll need to invest, because the Chinese don't know about French beef," Chaumet added.

Beyond beef, French officials said talks were continuing about China's ban on French poultry, imposed in 2015 after an outbreak of bird flu.

Source: AFP

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

french beef producers cheer chance for return to china french beef producers cheer chance for return to china

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

french beef producers cheer chance for return to china french beef producers cheer chance for return to china

 



GMT 10:10 2017 Thursday ,09 February

3 Important Elements You Have to Consider

GMT 04:03 2017 Monday ,24 April

Bella Hadid ‘dying’ to visit Palestine

GMT 19:25 2016 Wednesday ,25 May

The Brooklyn Desk by Oeuf NYC

GMT 07:49 2018 Friday ,05 January

2 Russian servicemen killed

GMT 07:58 2018 Monday ,01 January

Italy orders N. Korea's envoy to leave

GMT 08:45 2017 Wednesday ,20 December

US military imagines war without GPS

GMT 17:26 2017 Sunday ,17 December

Putin thanks Trump for help in foiling attack plot

GMT 22:19 2017 Monday ,16 October

Cairo-hosted Fatwa conf. new contribution

GMT 02:27 2016 Friday ,10 June

Video hints Japan abetting illegal ivory trade

GMT 07:04 2017 Wednesday ,19 April

1,883 Bahrainis found jobs in March

GMT 14:24 2016 Tuesday ,22 November

Citi and JPMorgan top list of ‘globally banks’

GMT 21:43 2017 Friday ,01 September

People question Nazaruddin`s repatriation expenses

GMT 09:41 2017 Wednesday ,19 April

OIC concerned over violence in Mali

GMT 01:30 2017 Friday ,27 October

May22/Jun21

GMT 05:38 2016 Friday ,30 December

Dubai Airports divert 13 flights due to heavy fog

GMT 11:38 2017 Saturday ,14 January

Mexico names new ambassador to US

GMT 12:03 2017 Wednesday ,22 March

Kuwait to mark World Water Day

GMT 15:00 2017 Wednesday ,27 September

HM King receives invitation from Egyptian President

GMT 02:45 2017 Tuesday ,05 December

President Bashir arrives in Chad

GMT 02:45 2017 Wednesday ,16 August

Turkmen President Visits Pakistan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday