May 7, 2015
Global interest in Queensland beef is “unprecedented” according to Trade & Investment Queensland, with more than 900 international delegates registering for Beef Australia 2015 in Rockhampton – three times more than in 2012.
TIQ CEO Andrew Tulloch said there had been a surge in interest Queensland’s world-renowned beef sector.
“Queensland is known for high quality, clean and green beef, and international interest is at an all-time high,” Mr Tulloch said.
“Interest is particularly strong from Asia.
“Independent economic modelling estimates beef sales to Japan could rise by $5.5 billion over the next 20 years as a result of the tariff reductions detailed in the Japan-Australia Economic Partnership Agreement.”
TIQ’s trade and investment experts are at Beef Australia 2015 to help domestic companies find business opportunities.
“The Handshakes program, which is a partnership between TIQ, Beef Australia and Austrade, is a free business-matching program designed to deliver trade outcomes for Queensland,” Mr Tulloch said.
“All areas of the industry will be covered, including beef and live cattle exports, equipment, seeds, services and technologies and genetics exporters.
“Handshakes in 2012 delivered over $23.5 million worth of trade outcomes, so with triple the interest, the potential outcomes are very promising.”
Queensland is Australia’s leading beef producer, with about half of the national herd and a farm gate gross value of production of $3.25 billion in 2013-14.
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