China lifts punitive tariffs on Australian wine


China was the largest destination for Australian bottled wine before the sanctions were imposed. - AFP

BEIJING: China said Thursday (March 28) it would lift punitive tariffs on Australian wine, reopening a billion-dollar market as ties improve between the two countries after years of tension.

Canberra swiftly responded by dropping its case against Beijing at the World Trade Organization, welcoming an end to sanctions that had plunged many Australian winemakers into crisis.

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China , Australia , wine , tariff

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