NEWS
CHINA LAUNCHED REVIEW THAT COULD END PUNITIVE TARIFFS ON AUSSIE WINES
By Siulan Law Mathews DipWSET
4-12-2023
Source: Xinhua News Agency
China’s Ministry of Commerce (MOC) has started a review into the anti-dumping and anti-subsidy measures on Australian wines, a step towards ending the punitive tariffs that has wiped out Australia’s wine exports to China.
A statement on the MOC’s website said any related parties could file written comments and provide related evidences to the ministry within 20 days.
The statement said the Australian Grape & Wine has filed an application arguing for a review of the measures.
In response, the MOC announced that it will carry out an investigation and will make a ruling based on the claims and evidences presented by all the parties.
One major stakeholder is China Alcoholic Drinks Association whose complaint was said to have triggered the anti-dumping and anti-subsidy investigations in the first place.
The MOC said the review should end by 30 November 2024, but the Australian government said in October that it expected the review to take five months.
China has imposed punitive tariffs of up to 218 percent on wine imports from Australia since 28 March 2021. The measures were supposed to last for five years.
Three years into the sanctions, Australian wine exports to China has shrank from AUD1.2 billion to just AUD8.1 million in the first half of this year.
In 2019, Australia was the biggest supplier of imported wines to China, accounting for 35.54 percent of market share.
But in 2022, it has dropped out of the top 10, and had lost those sales to wines from France, Chile and Italy.
(the writer can be contacted at: info@thewinechronicle.com)
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