Australia and China have achieved a major breakthrough in their long-running trade dispute, leading to a possible end to crippling taxes on barley exports.
The Australian government has paused its World Trade Organisation dispute against China for imposing the tariffs.
The more than 80 per cent duty has effectively blocked Australian barley from the Chinese market - worth some $900 million for exporters - since the start of the pandemic.
The announcement has been welcomed by Grain Producers Australia, with farmers hopeful of increased exports to China in the coming months.
"Barley is an important rotation crop for Australian growers and any optimism on the future outlook is good," chairman Barry Large said.
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