(Bloomberg) — Australia will proceed to pursue a case on the World Commerce Group in opposition to China’s tariffs on wine imports, rejecting a proposal to hyperlink the case to a separate dispute over metal merchandise.
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China’s Ministry of Commerce mentioned on Thursday that international locations ought to search a “complete resolution” to deal with Australia’s criticism over wine duties and Beijing’s row over Canberra’s anti-dumping measures on wind towers, railway wheels and chrome steel tubs.
“We view these as utterly separate issues,” Agriculture Minister Murray Watt advised Australian Broadcasting Company tv on Sunday. “We are going to proceed our case on the WTO in relation to wine, and we are going to proceed to champion the case in relation to metal – however we hope all of those issues could be resolved by dialogue.”
Learn extra: Australia sends barley cargo to China after tariffs finish
After eradicating duties on Australian barley final month, China expressed its willingness to debate different points, together with wine.
Chinese language Ministry of Commerce spokesman He Yadong mentioned Thursday at a press convention that international locations ought to “promote a complete resolution to the wine problem and China’s lawsuit in opposition to Australia over anti-dumping and countervailing measures on three merchandise.” “China can also be open to persevering with to resolve the above-mentioned points by multilateral channels,” he added.
China’s determination to impose tariffs on wine in 2020, as relations between the 2 international locations deteriorated, devastated what was as soon as Australia’s most worthwhile export marketplace for the product. The Australian wine business is at the moment going through a major glut, with provide in storage equal to about 2.8 billion bottles, in keeping with Rabobank analyst Pia Piggott.
“We’ve got been capable of stabilize our relationship with China and this advantages our farmers in areas equivalent to barley, horticulture, cotton and others,” Watt advised ABC. “Wine stays an issue we wish to see solved.”
–With help from Zoe Ma and James Main.
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