make unfounded countercharges! The Australian government announced that it would sue China to the WTO

category:Finance
 make unfounded countercharges! The Australian government announced that it would sue China to the WTO


Australian Trade Minister Simon Birmingham said on the 29th local time that therefore, it is the next step to appeal the barley issue in the WTO.. Were looking at the timing and making sure we have evidence. He added that the government was in discussions with the local grain industry and other industries to see how supportive it was for complaints.

Birmingham

On the same day, Birmingham continued to try to kick the ball to China. According to the report, he said at that time that the Australian government was calling on China through the WTO, and was also trying to solve the problem by using the Chinese procedures. But in the end, it is up to China to make the decision. China chooses to apply its (tariff) to Australia (goods), and only China can choose to cancel them.

Later in the day, Australian Treasury minister Josh Friedenberg declared that Australias trade had helped Chinas economic growth, and China has become confident, which has brought real challenges to the field of trade.. He also said Australia was ready to engage in dialogue of mutual respect and mutual benefit. In this regard, Birmingham also seems to blame China, claiming that Australia wants to see this confidence translated into good, interact with the rest of the world, help promote rather than inhibit economic growth.

However, in view of the barley issue that the Minister of trade is going to appeal to WTO, the Ministry of Commerce of China issued announcement No. 14 and No. 15 of 2020 on May 18, announcing the final ruling of anti-dumping investigation and countervailing investigation on imported barley originated from Australia, ruling that the imported barley originated from Australia has dumping and subsidy, and the domestic industry has been substantially damaged, and dumping and subsidy have been carried out There is a causal relationship between the subsidy and the material damage. It is decided to levy anti-dumping duty and countervailing duty on the above-mentioned products from May 19, 2020. The anti-dumping tax rate is 73.6%, the countervailing duty rate is 6.9%, and the collection period is 5 years. According to the information on the website of the Ministry of Commerce, in response to the application of the domestic barley industry, the Ministry of Commerce issued announcements on November 19 and December 21, 2018, deciding to launch an anti-dumping and countervailing investigation on barley imported from Australia. After filing the case, the Ministry of Commerce conducted an investigation in strict accordance with the relevant laws and regulations of China and the relevant rules of the WTO, and made the above final ruling. When asked about the trade between China and Australia, a spokesman for the Ministry of foreign affairs of the peoples Republic of China also said that the relevant measures taken by the competent authorities of the Chinese side against foreign products exported to China in accordance with the laws and regulations of China and international practices are also responsible for Chinas domestic industries and consumers, which are completely reasonable, legal and irreproachable. Source of this article: Chen Hequn, editor in charge of global network_ NB12679

However, in view of the barley issue that the Minister of trade is going to appeal to WTO, the Ministry of Commerce of China issued announcement No. 14 and No. 15 of 2020 on May 18, announcing the final ruling of anti-dumping investigation and countervailing investigation on imported barley originated from Australia, ruling that the imported barley originated from Australia has dumping and subsidy, and the domestic industry has been substantially damaged, and dumping and subsidy have been carried out There is a causal relationship between the subsidy and the material damage. It is decided to levy anti-dumping duty and countervailing duty on the above-mentioned products from May 19, 2020. The anti-dumping tax rate is 73.6%, the countervailing duty rate is 6.9%, and the collection period is 5 years.