International Trade Secretary Dr Liam Fox MP today (Thursday 23 August) met with China’s General Administration of Customs to reach an agreement which would allow the import of UK dairy products made with milk from third countries. The agreement is estimated to be worth £240 million over 5 years to the UK.
With demand for most dairy categories growing by more than 20% each year in China, it is one of the country’s fastest growing areas of food demand. The UK exported over £96 million of dairy products to China in 2017, and there has been significant interest in the market following the Prime Minister and Dr Fox’s visit earlier this year.
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