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) said on Thursday that it will review anti-dumping and anti-subsidy measures imposed on wine products imported from Australia, starting from the same day, and will thereby decide whether the punitive tariffs levied are necessary.

The announcement came as China and Australia continue to work together  to resolve trade disputes, including tariffs on Australian barley, as bilateral relations between the two countries improve.

According to a statement on the MOFCOM's website, the review should end before November 30, 2024. With 20 days of the announcement, any related parties could file a written comment and provide related proof to the ministry.

On October 31, the Australian Grape & Wine 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 measures or move to remove the measures according to a review conclusion.

The MOFCOM noted that the application and related proof should comply with review requirements.

China implemented a five-year anti-dumping tariff on imported wine products from Australia starting from March 28, 2021.

Global Times