Fruitful China trip with PM for Stehr

TUNA magnate Hagen Stehr has returned from a trade delegation to China with prime minister Tony Abbott with the message that China will be the future for Australia's economic prosperity.

He said the trip was overall very successful, and it "opened a lot of doors" for Australian trade within China.

Tuna magnate Hagen Stehr said his trip to China as part of an Australian delegation with Prime Minister Tony Abbott "opened a lot of doors" for Australian trade within China.

Tuna magnate Hagen Stehr said his trip to China as part of an Australian delegation with Prime Minister Tony Abbott "opened a lot of doors" for Australian trade within China.

More than 600 representatives from different Australian industries went on the trip and Mr Stehr said he was at first skeptical about the large group achieving anything.

But he said the large delegation was mentioned frequently in the Chinese media and the trip was a step in the right direction to opening up more trade channels between Australia and China.

He said being a part of the delegation meant he could begin talks with seafood companies much larger than those he had previously dealt with, and the talks were so promising he planned to return to China next month.

He described the scale of the market in China as "awe-inspiring", saying in China they discussed seafood in hundreds of thousands of tonnes, while in Australia seafood is discussed in hundreds of tonnes or thousands of tonnes.

He said the ground work had been laid for a free trade agreement with China to follow the ones recently negotiated with Japan and South Korea. Mr Stehr said he believed the possibilities for Australia's seafood exports in China were endless but Australia had to "play it right" and work with the Chinese according to their business practices.

Comments