Partner Article
UK signs £50m pork deal with China
Britain has signed a £50 million deal to export pork to China, the biggest market in the world for pig meat.
The deal was finalised after 5 years of talks, and it is now likely that negotiations over lamb and beef exports will follow.
Commenting on the deal, Agriculture Minister Jim Paice said: “China is the most lucrative grocery market in the world, and From fashion to food its rapidly expanding middle class has an appetite for Western goods.
The minister is currently on a trade mission to China with the aim of opening up further trade links with the country. As the world’s second largest economy,China offers huge opportunities for Britains farming, food and drink sector, which has an international reputation for food quality and innovation.
China’s meat consumption is rapidly increasing, and the country is unable to meet the demands of the rapidly-growing nation. The Chinese also enjoy eating the parts of the pig which are less popular with British diners, such as offal or trotters, which would provide additional revenue for British farmers.
British Pig Executive chairman Stewart Houston said: “This is a wonderful achievement and something we have been working towards for several years in close cooperation with Defra and the British embassy in Beijing.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Is your business using artificial intelligence right?
Resilience, connection and maximising opportunity
In pursuit of healthy obsession
Why the Budget must restore productivity
What does collaboration really mean in business?
Why NE6 is the real Northern Powerhouse
Can you really judge someone by their CV?
Are you flying too close to business burnout?
Making education a lot better for a lot more
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?