Asia institute of the university of melbourne, Public university in Sydney, Australia

Australia has said it is approaching World Trade Organization (WTO) to establish a dispute settlement panel to resolve concerns about anti-dumping and countervailing duties imposed on Australian barley by China.Australian Trade Minister Dan Tehan announced on Friday that the government is taking the next step in its first WTO claim against Beijing for its tariffs on barley.The Sydney Herald reported that China has so far declined to establish the dispute settlement panel. So, Australia is turning to the WTO to confirm its intent on progressing with the claim.Tehan said Australia remained open to further discussions with China with a view to resolving the dispute over barley, but would "continue to vigorously defend the interests of Australian barley producers" at the WTO."The establishment of the panel is the next step in the WTO's dispute resolution process. The next phase of the process is the appointment of individuals to the panel to adjudicate the dispute," Tehan said."The anti-dumping and countervailing duties on Australian barley have effectively stopped Australia's barley trade with China."Beijing imposed a range of tariffs and trade strikes on Australian products including barley, wine, beef, lobster and timber.Australia first announced it was launching WTO action against China on the barley tariffs in December last year.The Sydney Herald reported that China has so far declined to establish the dispute settlement panel. So, Australia is turning to the WTO to confirm it is intent on progressing with the claim.Tensions between China and Australia have escalated over a slew of issues.Recently, China's National Development and Reform Commission said it would "indefinitely suspend" all activities under the China-Australia Strategic Economic Dialogue, a forum launched in 2014 and last convened in 2017, reported South China Morning Post (SCMP).The Chinese agency said the decision was made because of Australia's "Cold War mindset and ideological discrimination" that had disrupted cooperation.Australia recently cancelled agreements to participate in China's Belt and Road Initiative, terming it as "inconsistent with country's foreign policy".China has dubbed Australia's decision to scrap the controversial Belt and Road Initiative (BRI) agreement with Beijing as "unreasonable and provocative", warning that this would further "damage" bilateral relations.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Asia Institute Of The University Of MelbourneFOLLOW

Asia institute of the university of melbourne, Latest News

New Delhi, June 3 More than 100 students of International Relations, Public Policy, Humanities, Business and Law from ... ...

Former Australia bowling coach David Saker has called for Cricket Australia (CA) to make the investigation of the 2018 ball-tampering scandal public after the issue reignited the scars following Cameron Bancroft's comments. ...

Sydney, June 2 Australia's top cricketers will display skills in gaming on Thursday as they look to raise ... ...

Lasa Supergenerics Limited, a vertically integrated group spanning the entire animal and human healthcare value chain has announced its financial results for the fourth quarter and Financial Year ended March 31, 2021. ...

Spanish tennis player Rafael Nadal on Tuesday stormed into the second round of the ongoing French Open. ...

The resumption of the Indian Premier League (IPL) has been given yet another blow as Australia pacer Pat Cummins would not be heading to the UAE to take part in the remaining matches for the Kolkata Knight Riders (KKR). ...

The resumption of the Indian Premier League (IPL) has been given yet another blow as Australia pacer Pat Cummins would not be heading to the UAE to take part in the remaining matches for the Kolkata Knight Riders (KKR). ...

Australia has said it is approaching World Trade Organization (WTO) to establish a dispute settlement panel to resolve concerns about anti-dumping and countervailing duties imposed on Australian barley by China. ...