China says regrets WTO panel ruling on grain import quotas
SHANGHAI, April 19 (Reuters) - China's Commerce Ministry
said on Friday that it regrets a ruling by a World Trade
Organization panel that its administration of tariff-rate quotas
for rice, wheat and corn violated its accession commitments.
A WTO dispute panel ruled on Thursday that under the terms
of China's 2001 WTO accession, Beijing's administration of the
tariff rate quotas (TRQs) violated its obligation to administer
them on a "transparent, predictable and fair basis".
(Reporting by John Ruwitch, Wang Jing and Winni Zhou; Editing
by Kim Coghill)
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