SYDNEY: China will complete a review into years-long tariffs on Australian wine by the end of March and is also reviewing its restrictions on lobster imports, Australian Trade Minister Don Farrell said on Sunday (Mar 10).
Australia's Trade Minister Don Farrell attends a press conference following a meeting with Chinese Commerce Minister Wang Wentao, in Beijing, China on May 12, 2023. SYDNEY: China will complete a review into years-long tariffs on Australian wine by the end of March and is also reviewing its restrictions on lobster imports, Australian Trade Minister Don Farrell said on Sunday .
"That process is coming to an end now and by the end of March that process will be completed," he said on Sky News on Sunday."The Chinese trade minister confirmed that to me the week before last." China has been steadily lifting trade barriers put in place from late 2020 on a range of commodities including barley, wine, coal and lobsters. The restrictions were part of an escalating spat over foreign investment and security that boiled over when Australia called for an inquiry into the origins of COVID-19.
Farrell said the Chinese trade minister had also told him that a review into the lobster restrictions was also underway.
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Good progress on Chinese wine, lobster trade barriers, says Australia trade ministerSYDNEY — China will complete a review into years-long tariffs on Australian wine by the end of March and is also reviewing its restrictions on lobster imports, Australian Trade Minister Don Farrell said on Sunday (March 10). Farrell said he was hopeful China would lift the tariffs of up to 218 per cent on Australian wine, first introduced in 2021,.
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