The Australian wine industry is seeking more assistance in finding new markets for wine as the nation grapples with a two-year oversupply.
Australia’s wine industry is calling for the federal government to provide more help in finding new export markets and for a fairer playing field for grape growers as the sector waits for Canberra to strike a deal with Beijing that would remove harsh tariffs of over 200 per cent.
Recent announcements that China had removed tariffs on barley and hay have sparked optimism that the same will happen for wine. The heavy import duties came into effect in March 2021 and cut access to an export market worth $1.3 billion virtually overnight, crippling many wine producers and grape growers, particularly those from the warmer inland areas of the Riverina, Riverland and Murray Darling, which produce bulk red wine. Many have left the industry altogether.
“Through our trade diversification agenda, the government is actively seeking greater regional trade opportunities and pursuing free trade agreements [FTAs] to grow and improve our market access and remove barriers to trade.
The Department of Foreign Affairs and Trade is continuing talks with Chinese counterparts to negotiate a resolution to the wine dispute. Late last month, Watt batted away a reported package deal proposal from Beijing in exchange for better treatment of wind towers, railway wheels and stainless-steel sinks.
“Pending that negotiated outcome, we are continuing to pursue our wine case at the WTO, confident in a positive outcome.” The Australian Competition and Consumer Commission expressed concerns about delayed payment times in a 2019 wine grape market study report and a follow-up report in 2021.
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