china decides to remove tariffs on australian wine, starting from friday
bottles of australian wine on the shelf of a supermarket in hangzhou, east china's zhejiang province on november 27, 2020 photo: vcg
china's ministry of commerce (mofcom) announced on thursday a decision to cancel anti-dumping and anti-subsidy tariffs levied on australian wine, effective from friday.
"as the situation of china's wine market has changed, the anti-dumping and anti-subsidy measures imposed on australian wine are no longer necessary," the mofcom said in a statement appearing on its official website.
on october 31, 2023, the australian grape & wine incorporated filed an application to the mofcom for a review on anti-dumping and anti-subsidy measures imposed on australian wine, it said. as the situation has changed a lot now, they hope the mofcom will conduct a review on the necessity of continuing to implement the remedy measures or move to remove the measures according to a review conclusion.
mofcom said earlier that it began reviewing the anti-dumping and countervailing duties on australian wine as of november 30, 2023.
china started to implement a five-year anti-dumping tariff on imported wine products from australia from march 28, 2021.
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