Agri trade deal with China

[meridian]

https://www.fginsight.com/news/top-s...-million-68297

China has agreed to import UK dairy products made with milk from third countries in a deal estimated to be worth £240 million to the sector over five years.

The deal was reached after Trade Secretary Dr Liam Fox met China’s General Administration of Customs to hammer out the details.

It will see China importing products made in the UK such as milk powder, cream and yoghurt, using milk sourced from other countries.

The UK exported more than £96 million of dairy products to China in 2017, and Chinese demand for dairy products is growing by 20 per cent every year, with shoppers linking dairy to nutrition and well-being.

It’s another nail in the coffin for the fallacy that the U.K. cannot do trade deals while still inside the EU.

(My understanding is that the U.K. currently has a trade deal with China for dairy products made solely with U.K. milk, and this is a valuable extension of that deal, to include products made with non-U.K. milk. The main beneficiaries are expected to be Northern Ireland dairy factories using RoI milk)

[sasguru]

https://www.fginsight.com/news/top-s...-million-68297



It’s another nail in the coffin for the fallacy that the U.K. cannot do trade deals while still inside the EU.

Well we know that since Germany is the largest or 2nd largest exporter in the world and is within the EU.
But the EU is a convenient scapegoat to blame for successive UK governments failure to support a manufacturing as opposed to financial servics economy.

[Toastiness]

Well we know that since Germany is the largest or 2nd largest exporter in the world and is within the EU.

Germany are also the fourth largest exporter of EU milk products to China. (Dutch, Irish and French are the first three).
It's a good job they don't have the heavy hand of the EU limiting them