Positive increases in Southern Bluefin Tuna (SBT) stocks and likely quota increases allow foreign entities looking to invest in the fishery to do so with confidence. Such investment may facilitate industry access to new overseas markets and reduce dependence on the Japanese market. Foreign investment in the Australian seafood industry has occurred recently, likely due to an increased understanding of our quota management system. Securing free-trade agreements with countries such as China and Korea will give Australian primary industries a foundation to see through difficult market conditions in the future, remain internationally competitive and diversify export markets.
A breakfast is being held in Adelaide on 31 October 2013, where presentations will be given on recent South Australian Government activity in China.
For more information, or to register to attend visit South Australia China Strategy.