China officially announced that it will cancel anti -dumping tax and anti -subsidy tax measures for Australian barley from Australia from Saturday (August 5).
The Chinese Ministry of Commerce announced the above news on the official website on Friday (August 4).
According to the announcement, the Ministry of Commerce issued two announcements on May 18, 2020, decided to levy anti -dumping tax and anti -subsidy tax on imported barley native to Australia.Five years from the day.
According to the application of the China Wine Industry Association, the Ministry of Commerce of China issued an announcement on April 14 this year, and decided to review the necessity of anti -dumping tax and anti -subsidy tax on imported barley native to Australia.After investigation, the Ministry of Commerce made a review ruling in accordance with the provisions of China's anti -dumping and anti -subsidy regulations.
The Ministry of Commerce of China ruled that, in view of the changes in the market conditions of China's barley, there is no need to continue to levy anti -dumping tax and anti -subsidy tax on imported barley native to Australia.
According to the provisions of China's anti -dumping and anti -subsidy regulations, the Chinese Ministry of Commerce proposed to the State Council Customs Taxation Committee on the cancellation of anti -dumping and anti -subsidy taxes.Starting from August 5th, it has terminated anti -dumping tax and anti -subsidy tax on imported barley native to Australia.
According to Bloomberg, China had previously conducted a four -month assessment of punitive tariffs on Australian barley, and the evaluation period will expire on August 11.Australian Minister of Trade Farrell said Australia is expected to be learned in a few days to learn from the assessment of punitive tariffs on Australia's barley in Australia.
