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NEWS ADMIN

Mahamad Rodzi Abdul Ghani

DATE

09/03/2002

NEWS PROVIDER

Mahamad Rodzi Abdul Ghani

NEWS SOURCE

NULL

CATEGORY

HEADLINE

CHINA SAYS FARM QUOTAS DECISION BY END OF MARCH
SHANGHAI, March 8 (Reuters) - China's State Development PlanningCommission (SDPC) is likely to announce the list of qualified applicantsfor this year's farm import quotas by the end of March, an official saidon Friday.The commission said in early February it would announce successfulapplicants for tariff-rate-quotas (TRQs) -- imports under lower tariffs --for agricultural products including wheat, corn, rice, edible oils, cottonand sugar by March 5."We should be able to release it by then," the official told Reuterswhen asked if the SDPC would announce the successful importers ofagricultural products this month.She said there were too many applications this year and the SDPC neededmore time to process them.China's top state-owned grain trading firm, COFCO, also told Reutersthat it had not received any notification on the quotas.The TRQs were announced only in February before the week-long Lunar NewYear holidays, giving little time for buyers to apply and authorities todecide on the successful applicants, traders say.The SDPC said it would announce the following year's quotas inSeptember, but this year was an exception as China only became a formalWTO member on December 11.