China’s recent decision to impose extra tariffs on sugar imports would help maintain a fairer market and trade, accordi8ng to the Chinese commerce ministry.
This followed criticism of the decision by major sugar exporter Brazil, which is set to suffer a sharp reduction in exports because of the Chinese tariffs.
A Commerce ministry spokesman for China said in a regular briefing that it “strictly followed” Chinese laws and World Trade Organization (WTO) rules during its investigation into alleged dumping by exporters and the ruling was “in line with the long-term interest of various parties”.
Brazilian sugar exports to China may fall around 800,000 tonnes in the next 12 months as a result of China’s higher import tariffs, a local sugar industry group said.
China introduced an extra tariff for the next three years on sugar imports.