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WTO Sets Up Dispute Panel on Chinese AD/CV Duties on Australian Wine

The World Trade Organization's Dispute Settlement Body agreed at its Oct. 26 meeting to set up a dispute panel to look into China's antidumping and countervailing duties on Australian wine, the WTO said. China blocked Australia's panel request at the Sept. 27 DSB meeting. China voiced its regret that Australia went back for a second panel request while also saying that it will vigorously defend its legitimate measures in the panel proceedings, the WTO said. China remains confident that its measures are consistent with WTO rules. Canada, Japan, Brazil, the U.S., the United Kingdom, Ukraine, Turkey, Taiwan, New Zealand, Norway, Switzerland, India, Singapore, Russia, the European Union and Vietnam reserved their third-party rights to participate in the proceedings, the WTO said.