China an “urgent trade priority” for US beef
16/10/2012
His first stop was Taiwan, which had been one of the fastest-growing markets in recent years for US beef exports, setting new value records every year from 2006 to 2010. Beginning in early 2011, beef trade suffered a major setback due to Taiwan’s zero-tolerance policy on ractopamine use. Recently, however, Taiwan adopted a maximum residue level (MRL) for ractopamine residues in both imported and domestic beef, similar to the policy used in many other foreign markets. Mr Seng has said this policy change has “rejuvenated buyer interest” in US beef across several commercial sectors in Taiwan, and created a much more favourable business climate.
With regard to mainland China, Mr Seng has noted that economic growth has slowed somewhat from the pace of recent years. But he has made it clear that China still offers tremendous opportunities for US beef producers, calling regaining market access for US beef in China “an urgent trade priority”.
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