(Beijing / Canberra Comprehensive News) China officially announced that from Saturday (August 5th), it has canceled the anti -dumping tax and anti -subsidy tax measures for Australian barley, showing the latest signs of improvement of relations between the two countries.
The Chinese Ministry of Commerce announced on May 18, 2020 that the implementation period was five years on the impact of anti -dumping tax and anti -subsidy tax on imported barley, which is native to Australia.The official website of the Ministry of Commerce China announced on Friday (August 4) to cancel the above measures.
Comprehensive Bloomberg, Reuters, and AFP reported that China imposed more than 80%of the Australian barley in May 2020, accusing Australian exporters of dumping barley in the Chinese market.Before that, the then Australian Prime Minister Morrison called for a traceability investigation to the coronary virus.This series of measures irritated China and caused the two countries to fight a trade war.
However, since the Australian Labor Party came to power in May 2022, the communication between Canberra and Beijing has resumed, and the relationship between the two countries has significantly improved.
Last year, Chinese officials met with Australian Prime Minister Albanis that China -Australia had encountered some difficulties in bilateral relations and hoped that the two parties would improve and develop relations between the two countries.
The Ministry of Commerce of China announced on April 14 this year that the anti -dumping tax and anti -subsidy tax were originally native to the barley, and the incompatibility of the Chinese barley market has changed.EssenceAfter China announced the above news, Australian Foreign Minister Huang Yingxian welcomed the result.
According to Reuters, Australia hopes to use the decision to lift the barley tariffs to persuade China to fully lift the trade restrictions on Australia.Australian Minister of Trade Farrell said on Friday that it will use this process as a template to solve the problem of wine exports.