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China, Australia agree to move ahead with WTO wine-tariff dispute that has cost 100 million litres in sales

Summary:
[unable to retrieve full-text content]China’s decision to allow its dispute with Australia over Beijing’s import tariffs imposed on Australian wine – costing the industry 100 million litres in sales – highlights both a willingness and reluctance to adhere to World Trade Organization (WTO) principles, according to a trade expert.Canberra lodged a formal complaint with the WTO in June after China imposed duties of between 116.2 and 218.4 per cent on Australian wine in containers of up to two litres in March.The WTO agreed to…

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[unable to retrieve full-text content]
China’s decision to allow its dispute with Australia over Beijing’s import tariffs imposed on Australian wine – costing the industry 100 million litres in sales – highlights both a willingness and reluctance to adhere to World Trade Organization (WTO) principles, according to a trade expert.Canberra lodged a formal complaint with the WTO in June after China imposed duties of between 116.2 and 218.4 per cent on Australian wine in containers of up to two litres in March.The WTO agreed to…

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