China's Ministry of Commerce issued a notice on Monday to formally terminate anti-dumping and anti-subsidy investigations into EU wine exports to China after the EU and Chinese wine industries reached a Memorandum of Understanding on March 18, said a statement on the website of the ministry.
EU Agriculture Commissioner Dacian Ciolos said in a Friday press release, "I welcome the amicable solution that has been found by the two industries. My expectation is that the question mark hanging over EU wine exports as a result of the Chinese investigation is now clearly resolved and this is very good news.
"We have been strengthening collaboration and cooperation with China in the agricultural sector over the past four years and I am committed to taking this further, because the scope to bring benefits to farmers and consumers in China and Europe is very clear. I now look forward to working with my counterparts in the Chinese Government to build on this outcome."
EU Trade Commissioner Karel De Gucht said: "I applaud the fact that the Chinese wine industry will withdraw its application for anti-dumping and anti-subsidy measures. I expect that the case will now be formally terminated so that the EU wine industry can continue to export its quality products to China in a fair and competitive environment. After the recent agreement reached in the polysilicon case, this is yet another positive development which will further strengthen the EU-China bilateral relationship."
On July1st, 2013, the ministry initiated an anti-dumping and anti-subsidy investigation into EU wine exports to China.
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