Australia Says Reached Agreement With China for Resolution of Dispute Over Barley

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By Alasdair Pal

SYDNEY, (Reuters) - Australia's foreign Minister said Tuesday that the country had reached an accord with China to settle its dispute over Australian barley.

Penny Wong stated that Australia will suspend its case before the World Trade Organization (WTO). Meanwhile, China reviews the duties imposed upon the grain.

She stated that China had agreed to expedite the review of duties imposed on Australian barley for a three-month period. This could be extended to a fourth if necessary.

"In return, I have agreed to temporarily suspend WTO dispute during the agreed review period."