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  • Australia will launch a formal appeal to the World Trade Organization, asking it to intervene with its on going trade dispute with China over barley and other exports.

  • Australia's trade minister says he had little choice after China earlier this year imposed five years of anti dumping and anti subsidy duties totaling about 80% on the nation's barley.

  • China is the Australian barley growers.

  • Largest market on the tariff is effectively stopped a billion dollar trade in its tracks.

  • The formal approach marks the first defensive action from Australia in response to a number of China's sanctions on a range of goods this year.

  • W t o dispute resolution processes are not perfect.

  • They take longer than would be ideal.

  • But ultimately it is the right avenue for Australia to take.

  • At this point in time, we, along with many other countries, used these processes in the right northerly way on.

  • Australian industry should see this is being about Australia defending the values, operation and interests of Australian producers about doing so in a calm, methodical and careful manner.

  • Well.

  • Australia's appealed to the World Trade Organization comes just one day after Chinese state controlled media reported new restrictions on imports of Australian coal.

  • China's Foreign Ministry says Australia must take its concerns seriously.

  • Downtown, the other shoe, all the reactions.

  • What I want to stress is that the Australian government should take China's concerns seriously on take concrete measures to correct it's discriminatory actions against Chinese companies.

Australia will launch a formal appeal to the World Trade Organization, asking it to intervene with its on going trade dispute with China over barley and other exports.

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