Australia, China take steps to resolve wine dispute as trade tensions cool
Australia, China take steps to resolve wine dispute as trade tensions cool
ADELAIDE, Australia—Australia will suspend a dispute with China at the World Trade Organization over anti-dumping duties on Australian wine after Beijing agreed to an expedited review of the measures, another sign of improving ties between the two country.
Beijing’s review of its duties on Australian wine imports is expected to take five months and Canberra will resume its WTO dispute if the duties are not removed by the end of the review, Australian Prime Minister Anthony Albanese said on Sunday. Albanese also said he planned to meet President Xi Jinping in China next month, the first visit to China by an Australian prime minister since 2016.
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