Friday, September 2, 2022

Canada drops canola complaint against China

Canada and China have agreed to suspend proceedings against Chinese measures affecting the importation of Canadian canola  from Richardson and Viterra in March, 2019.

Canada complained that China had no justification for the suspension. Many news media outlets viewed the ban as Chinese retaliation after Canada acted on an extradition request from the United States for Meng Wanzho, a senior officer of Huawei  company which makes internet equipment.

Canada began the trade challenge process in September 2019, seeking bilateral consultations with China at the WTO.

 Wanzhou was released from house arrest in September last year and returned to China after reaching a deal with U.S. prosecutors.

China lifted its ban on the two affected companies’ canola in May.

So no penalty! What's to stop China from doing this again?