Sydney’s Sunpac Resources brokered the deal which will see NSW suppliers export $10 million worth of beef to China in 2014-2015.
Deputy Premier and Minister for Trade and Investment Andrew Stoner said the beef exports are expected to generate even more interest in NSW’s diverse produce.
“In 2012-13 Australia exported more than $357 million in beef to China and there is clear potential for massive growth in this area with Chinese beef imports expected to increase 7% annually to 2022.”
“It’s another clear signal of the opportunities available for NSW’s abundance of fresh, high quality produce in China, and in other Asian markets.
The deal follows a recent agreement which will see Lismore-based Norco Co-operative supply fresh milk from northern NSW farms to the Chinese market.