China authorizes first US rice imports as a "gesture of goodwill" – 12/28/2018 – Market



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China opened for the first time the door to rice imports from the United States, in which badysts have forecast a warming of relations between the world's two largest economies after a "cold" year, marked by trade tensions and retaliatory tariffs.

The green light for Chinese customs, indicated in a statement posted on the website of customs authorities on Friday (28), is among the scheduled talks between countries in January after US presidents Donald Trump, and China, Xi Jinping has agreed to suspend the highest tariffs on hundreds of billions of dollars.

It was not clear how much rice China seeking its product in Asia could try to buy in the United States. But this decision, which comes after years of negotiations on the issue, follows the promises of the Chinese Ministry of Commerce to open up new business opportunities in the United States.

As of December 27, imports of brown rice, rice Polished and milled rice from the United States is permitted provided that the shipments meet China's inspection standards and are registered with the United States. from the United States Department of Agriculture.

                  

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