Australian Prime Minister Anthony Albanese said on Tuesday he remained 'very hopeful of a breakthrough' in a trade dispute with China over wine tariffs, as a deadline for the publication of a World Trade Organization ruling nears.
Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. REUTERS/Florence Lo/File PhotoSYDNEY, Oct 17 - Australian Prime Minister Anthony Albanese said on Tuesday he remained "very hopeful of a breakthrough" in a trade dispute with China over wine tariffs, as a deadline for the publication of a World Trade Organization ruling nears.
"I'm very hopeful of a breakthrough that removes the impediments when it comes to wine," Albanese told reporters on Tuesday, noting Australia's wine industry had substantial exports to China before the tariffs were imposed in 2020. Australia in April suspended its complaint over Chinese barley tariffs at the WTO as a dispute panel was due to report its findings, giving China time to review the 80.5% duties imposed in 2020, which Beijing later removed.
Australia will "continue with that case until such time as we're satisfied that the Chinese government is prepared to lift their tariffs," Farrell told Sky News on Oct. 3.
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