China's Ministry of Commerce officially released an adjudication announcement today. In view of changes in the relevant wine market in China, it will no longer impose anti-dumping and countervailing duties on imported relevant wines originating from Australia.
A spokesperson for the Ministry of Commerce, He Yadong, said at a regular press conference that with the joint efforts of both sides, China and Australia have reached a consensus on properly resolving WTO disputes within the framework of the WTO. On November 30 last year, at the request of the Australian Grape and Wine Association, the Ministry of Commerce legally initiated a review investigation of the double countermeasures against Australian wine, and then legally proceeded with the investigation procedure, comprehensively reviewing the claims of all interested parties and their evidence. And today, it issued relevant adjudication announcements.
He Yadong pointed out that China and Australia are important trading partners for each other, and are willing to work with the Australian side to address each other's concerns through dialogue and consultation, and jointly promote the stable and healthy development of bilateral economic and trade relations.
