The Australian Government will undertake trade agreement negotiations with the United Arab Emirates (UAE) in order to achieve a Comprehensive Economic Partnership Agreement that will drive imports, support economic growth and increase jobs stimulus across the country. As Australia's largest trade and investment partner in the...
The European Parliament has approved the European Union's free trade agreement with New Zealand (NZ), which may come into effect in early 2024. This agreement will remove 140 million euros ($A233 million) of annual tariffs on EU exports such as clothing, chemicals, pharmaceuticals and cars, as...
The proposed trade agreement between Australia and the European Union will not proceed after negotiations failed to achieve the desired outcome. Whilst discussions have been underway since 2018, the proposed trade deal was believed to have disadvantaged Australian farmers, as it did not let enough of...
In what is welcome news to the Australian wine industry, China has announced that it will commence the review of tariffs on Australian wine imports from 30 November 2023. China’s wine tariffs originally came into effect November 2020, and imposed a charge, which started at 107.1%...
With the recent announcement that China has officially ended tariffs on Australian barley, the Australian Government has confirmed they will aim to replicate the effort on remaining sanctions against wine. Agriculture Minister Murray Watt hailed the end of Chinese tariffs on Australian barley and said the...
Australia's new free trade agreement with India has seen Australian wine exporters gain preferential access to India's wine market, enabling them to diversify into the country's export market. This agreement has seen tariffs reduce from 150% to 70% on bottles arriving in market at US$15 per...
According the latest Ciatti market report Australian wine exporters are cautiously optimistic of a resumption of trade with China. This renewed outlook is based on the fact that China and Australia recommenced trading timber in May, an agreement, which is worth $600 million, therefore increasing...
The NZ/UK Free Trade Agreement, which was made official on 31 May 2023, will see the tariffs removed from the majority of NZ exports, including wine and agricultural products such as honey, onion and kiwifruit. This agreement is predicted to increase NZ exports to the UK...
The Australian Government has announced that the Australia-United Kingdom Free Trade Agreement will come into force 31 May 2023. This agreement will remove tariffs from over 99% of Australian goods exported to the UK. The goods included in this agreement are wine, short and medium grain...
China's Ministry of Commerce has confirmed that it is willing to work with the Australian government to resolve the wine tariff dispute. This wine tariff, which was placed upon Australian wine producers in November 2022, saw wine exports to China fall from $1.3 billion per...