Australia and China suspend WTO wine tariff dispute ahead of Anthony Albanese’s trip to Beijing

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Australia and China suspend WTO wine tariff dispute ahead of Anthony Albanese’s trip to Beijing
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Countries agree to halt World Trade Organization dispute pending outcome of China’s ‘expedited review’ of duties imposed on Australian wine in 2020

“We welcome China’s agreement to undertake an expedited review of its duties,” Albanese said in a statement. “We are confident of a successful outcome.”Australian wine exports to China were valued at more than $1bn before the tariffs were put in place but that figure has plunged to $12m.Albanese confirmed on Sunday he would visit China from 4 to 7 November.

He will meet with the president, Xi Jinping, and the premier, Li Qiang, in Beijing in addition to attending the China International Import Expo in Shanghai.The trip will mark the 50th anniversary of the first visit to China by the then prime minister, Gough Whitlam, in 1973.

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