China Ends Embargo on Spanish Beef, Boosting EU-China Trade Relations
The lifting of the 24-year ban opens significant market opportunities for Spanish farmers and marks a new era in diplomatic and economic exchanges between China and the EU.
- China has officially lifted its embargo on Spanish beef, ending a ban in place since 2000 due to concerns over mad cow disease.
- The lifting of the ban is expected to significantly benefit Spanish farmers by providing access to one of the world's largest markets.
- The decision marks a new chapter in EU-China trade relations, with Spain joining Romania and Hungary as the only EU member states currently allowed to export beef to China.
- Both Chinese and Spanish foreign ministers emphasized the potential for more balanced trade exchanges between the two nations.
- China's role in global affairs was also highlighted, with its commitment to being a force for stability and its stance on the Israel-Hamas conflict.