The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
The US has moved closer to resuming lucrative chicken exports to China after more than a hundred American processing plants were given approval to ship to the Asian nation.
China authorised poultry imports from 172 facilities in the US, according to a notice on the nation’s customs website. Chicken giants Tyson Foods Inc, Pilgrim’s Pride Corp and Sanderson Farms Inc were among the companies making the list, according to a document published by the US Department of Agriculture’s Food Safety and Inspection Service.
The move comes after China lifted its ban on US poultry shipments earlier this month as part of trade negotiations taking place between Washington and Beijing.
The Asian nation banned US poultry imports in 2015 following an outbreak of highly pathogenic avian influenza, and kept the prohibition even after nearly all other nationwide bans had been removed.
American poultry exports to China are projected to top $1 billion a year, said US Trade Representative Robert Lighthizer and Secretary of Agriculture Sonny Perdue.