Brazil announces plans to drop WTO sugar case against China

“Brazil and China have reached an understanding regarding the consultations made at the World Trade Organisation (WTO) on sugar,” Brazil’s Foreign Affairs and Agriculture ministries said in a statement, on Tuesday.

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Brazil opened a case last year, questioning China’s anti-dumping tariffs on sugar. The Brazilian government sought the panel at the WTO investigate China’s sugar trade policies. The policy reduced Brazil’s sugar sales to the Asian nation – China used to be one of its top clients.

READ MORE: NDB President And Vice-President Of Brazil Meet

Brazil said without elaborating that, “there will be no need for the implementation of a panel at the WTO”.

 

Source: Reuters

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