1. ITV Report

New deal with China could mean £25m annually for Welsh farmers

Prize cattle on display at The Denbigh and Flint Show. Credit: Don Jackson-Wyatt / Rmv/Zuma Press/PA Images

Welsh exporters are set to benefit from a multimillion pound boost as China agrees market access for UK beef by the end of 2019.

The move could be worth an estimated £230 million for British producers in the first five years alone, and comes more than 20 years after the Chinese government imposed a ban on UK imports of beef in 1996.

Ahead of the Chinese delegation’s visit to Cardiff, Welsh Secretary Alun Cairns met Chinese Ambassador Liu Xiaming and Chinese Vice Premier Hu Chunhua to discuss the importance of China’s decision to grant market access to Welsh beef producers.

The agreement is estimated to be worth around £25 million per year for the Welsh red meat sector.

The opening of the Chinese market will open up exciting opportunities for Welsh beef producers who, as a result of the agreement, will soon have access to one of the world’s largest economies.

This agreement demonstrates the growing confidence in our high-quality food and drink in every corner of the world and highlights the growing demand for Welsh beef in dynamic markets worldwide.

– Alun Cairns MP, Secretary of State for Wales