The Hon. Mark Vaile, MP
FORMER MINISTER FOR TRADE

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Media releases

Friday 25 October 2002 - MVT137/2002

Live Cattle Exports to Korea Back on Track 

The resumption of the live cattle trade with the Republic of Korea is excellent news for Australia's producers and exporters, Trade Minister Mark Vaile said today.

A shipment of 563 Australian live cattle arrived on 5 October 2002 at the Korean port of Incheon, where they were held under Korea's mandatory quarantine holding period. The cattle have now been transported to Korean cattle farmers in Kyunggi Province who will fatten them for the abattoirs.

"After the disappointment of the two failed shipments to Korea last year, this is the first step in a mutually rewarding commercial trade in live cattle from Australia to Korea," Mr Vaile said.

"Both countries will benefit from the live cattle trade. For Australian producers and exporters, the live cattle trade with Korea could involve up to 8,500 head of cattle annually, worth an estimated A$20 million. The Korean cattle industry will benefit from the more productive usage of female Hanwoo (traditional) cattle, and extra employment and profit in Korea's feed manufacturing, transport and meat processing industries."

The cattle had undertaken an exhaustive process of quarantine health checks in Australia before departure and they were cleared and released by Korea's quarantine authorities.

"Australia is proud of our clean and green image as an agricultural producer and is committed to a rigorous rural export processing system," Mr Vaile said.

Mr Vaile said the Government supported the live cattle export trade, which provides an important marketing alternative for producers and is currently valued globally at $540 million dollars. The live cattle trade employs directly around 9000 people in Australia.

Media Contact: Andrew Ethell +61 02 6277 7420


Local Date: Tuesday, 07-Jan-2014 10:00:40 EST

 

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