China says reviewing tariffs on Australian barley
The statement follows an agreement reached between China and Australia to resolve their dispute over barley imports, in the latest sign of improving ties between the major commodity trade partners.
China's commerce ministry said on Friday it will review the necessity of continuing to impose anti-dumping and anti-subsidy tariffs on imported Australia barley from April 15, with the survey to be completed within a year.
The statement follows an agreement reached between China and Australia earlier this week to resolve their dispute over barley imports, in the latest sign of improving ties between the major commodity trade partners.
Australian Foreign Minister Penny Wong said on Tuesday that Australia would suspend a case at the World Trade Organization (WTO) over duties on barley, while China hastens a review into the tariffs.
Wong said China had agreed to carry out an "expedited review" of the duties over three or four months.
The commerce ministry statement said interested parties to the review could submit comments and evidence within the coming 20 days, and that the review should end before April 15, 2024.
The duties were originally due to expire in May 2025.
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