Termo Partners news

China resumed Australian timber exports due to improved relations between the countries.

2023-05-22 02:00 Wood BUSINESS & TRADE
China will restart exports of Australian timber after stopping for over 2 years, which represents improved economic and diplomatic relations between the 2 countries.

In FY 2019-2020, the value of this trade between the two countries soared to $ 1.1 billion and stopped two years ago because China found problems with some shipments.