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China-Australia reach deal to resolve barley dispute, suspend WTO case, Australian foreign minister Penny Wong says
- Foreign minister Penny Wong says Australia will suspend its case at the World Trade Organization while China conducts a review into duties imposed on Australian barley
- China confirmed in May 2020 that it would impose a tariff of 80.5 per cent on Australia’s barley exports following the conclusion of its anti-dumping investigations
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China, Australia reach deal to resolve barley tariff dispute as Canberra suspends WTO case
China, Australia reach deal to resolve barley tariff dispute as Canberra suspends WTO case
Australia has reached an agreement with China to resolve their dispute over barley imports, foreign minister Penny Wong said on Tuesday, the latest sign of improving ties between the trade partners.
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China’s tariffs of 80.5 per cent on Australian barley all but wiped out imports of the grain by the world’s biggest beer market, prompting a formal complaint by Australia to the World Trade Organization (WTO) in 2020.
Until then they had ranged between A$1.5 billion (US$1 billion) and A$2 billion a year.
Wong said Australia would suspend the WTO case while China hastens a review into duties imposed on the grain.
China has agreed to undertake an expedited review of the duties imposed on Australian barley over a three-month period, that may extend to a fourth, if required
“China has agreed to undertake an expedited review of the duties imposed on Australian barley over a three-month period, that may extend to a fourth, if required,” she said.
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