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Top related persons:
Jonathan Barrett - 1 Don Farrell - 1 Dominique Patton - 1 Kim Coghill - 1 Jamie Freed - 1
Top related locs:
Moree New South Wales Australia BEIJING China Canberra Beijing Canada
Top related orgs:
REUTERS - 1 China's Ministry of Commerce - 1 World Trade Organization - 1 Australian Trade - 1 Labor - 1 WTO - 1 Reuters Graphics Reuters - 1 Beijing - 1

Search resuls for: "Jonathan Barrett"


2 mentions found


☆ China to lift tariffs on Australian barley after 3 years
  + stars: | 2023-08-04 | by ( ) www.reuters.com   time to read: +2 min
China and Australia agreed in April to resolve their dispute over barley imports, with Canberra to suspend a case at the World Trade Organization (WTO) over Beijing's anti-dumping and countervailing duties on barley, while China promised to speed up a review into the tariffs. Australian Trade Minister Don Farrell said on Wednesday that he was expecting a positive outcome within days. The tariffs will be dropped starting on Saturday, China's Ministry of Commerce said, citing a changing situation in China's barley market without providing further details. Beijing implemented tariffs totalling 80.5% on Australian barley in May 2020, wiping out imports of the grain by the world's biggest beer market, worth as much as A$2 billion ($1.31 billion) a year. Those trade flows are likely to shift again after China drops the tariffs, with its barley buyers expected to begin purchases of the new Australian crop harvested in October for arrival by year-end.
Persons: Jonathan Barrett, Don Farrell, Dominique Patton, Kim Coghill, Jamie Freed Organizations: REUTERS, China's Ministry of Commerce, World Trade Organization, Australian Trade, Labor, WTO, Reuters Graphics Reuters, Beijing, Thomson Locations: Moree, New South Wales, Australia, BEIJING, China, Canberra, Beijing, Canada, France, Argentina
☆ Bankers pour cold water on red hot coal
  + stars: | 2022-11-24 | by ( Sarah Mcfarlane Clara Denina | Sarah Mcfarlane | Clara Denina | ) www.reuters.com   time to read: +8 min
SummarySummary Companies Coal miners struggling to fund expansion plansThermal coal costs more than coking coal after price surgeMost Western bankers pulling back from coal industryLONDON, Nov 24 (Reuters) - It's the best of times, it's the worst of times. At least when it comes to mining coal. With funding hard to come by from Western banks, coal miners outside China have turned more to equity markets this year. "With regard to thermal coal mining, any transaction in coal mining requires an enhanced environmental risk review," a Deutsche spokesperson said, adding that the bank was updating its coal policy. Bens Creek listed shares partly because of the lack of appetite from banks to support any expansion of coal mining, chief executive Wilson said.
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