Following an expedited internal review by MOFCOM*, China has announced its decision to remove duties on Australian barley.
This is great news for growers, as this opens the way to rebuilding the $1.2bn annual trade flow.
The announcement follows a lengthy process involving the World Trade Organisation (WTO) Dispute Panel, to contest the 80.5% tariffs imposed by China on Australian barley in 2020. With this positive outcome achieved for barley growers, Australia will now seek to suspend the dispute.
China has been a long-standing and valued market for Australian grain, accounting for 60-70% of Australian barley exports. Since the imposition of the tariffs, GrainGrowers has worked closely with industry and government to resolve the situation.
GrainGrowers has guided the WTO process and will support rebuilding the trade flow with China.
More information on this process is available via the PDF guide.
*Ministry of Commerce, People's Republic of China (MOFCOM)