date:Jul 05, 2012
Today, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released an analysis of import tariffs in the wine markets of China and the Republic of Korea.
According to the ABARES, the removal of the import tariffs on Australian wine by China and by the Republic of Korea would lower the retail price of wine in those markets, making Australian wine more competitive.
ABARES acting Executive Director, Kim Ritman, said that over the past decade, Australian wine exports