Food Standards Australia – New Zealand (FSANZ) has announced it is undertaking work to consider amending the Food Standards Code to provide energy information on alcoholic beverage labels. This work will progress in tandem with a separate piece of work looking into carbohydrate and sugar claims on alcoholic beverages. Australian Grape & Wine will participate …
On 2 April 2022, the Australian and Indian Governments signed the Australia–India Economic Cooperation and Trade Agreement (AI ECTA). When the AI ECTA enters into force, preferential tariff treatment will be afforded to premium Australian wine imported to India, which currently represents a small portion of Australia’s wine exports. In accordance with the AI ECTA, …
The International environment continues to be challenging. After pandemic-curbing measures around the world cut economic growth in 2020, global GDP rebounded sharply in 2021, spurring consumption and trade. According to the United Nations Conference on Trade and Development, global trade value reached a record $28.5 trillion in 2021, up 25 percent from 2020 and up …
The Stage 2 Agricultural Trade and Market Access Cooperation (ATMAC) grant of $1,817,000, awarded to Australian Grape & Wine in April 2022, will help grow demand for Australian wine and reduce trade barriers Australian grape and wine businesses face in a diverse range of export markets. This grant builds on the first-phase ATMAC investment in …
Lack of price transparency in winegrape markets makes it difficult for growers to make informed decisions during the season. While winemakers are facing major issues such as China tariffs, COVID-19 and global shipping, growers are being hit with labour shortages, climate related challenges and downward pressure on winegrape pricing. In light of this uncertainty, it …
The Australian Government has advised that Australia will impose further sanctions against Russia in response to Russia’s invasion on Ukraine. Australia will prohibit the supply, sale or transfer of certain luxury goods directly or indirectly to, for use in, or for the benefit of Russia. From 12:01am on 7 April 2022, the export of wine …
The Australian wine sector has been asking for many years – what is the next big market after China, and could India be its replacement? The simple answer is no, at least not for some time and not without a lot of work to grow the market. India has always been a long-term prospect for …
Australian Grape & Wine takes an evidence-based and balanced approach in its work relating to alcohol and health issues, focusing on targeted policy interventions to address harmful alcohol consumption. We were therefore disappointed by a recent Foundation for Alcohol Research and Education (FARE) report into drinking during the Covid-19 pandemic, which sought to tie an …
In September 2021, Ministers Tehan and Goyal formally re-launched the India-Australia Comprehensive Economic Cooperation Agreement negotiations( CECA) and reaffirmed their commitment to conclude a CECA, including to reach an interim agreement by December 2021 to liberalise and deepen bilateral trade in goods and services, and to conclude the negotiations on a full CECA by the …
Australia – EU Free Trade Agreement The 12th Round of negotiations were held virtually between 7-18 February. The round saw progress made in a number of areas including government procurement, second round of market access offers and progression across a number of chapter texts. For wine relevant ongoing discussions include the treatment of the Wine …