China lifts Aussie wine tariffs, reopening $1 billion market

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China lifts Aussie wine tariffs, reopening $1 billion market
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Prime Minister Anthony Albanese said Australia would drop its legal proceedings at the World Trade Organisation.

Prime Minister Anthony Albanese said as a result of the sanctions being lifted, Australia would drop its legal proceedings at the World Trade Organisation.He praised a "calm and consistent approach" that he said was also what achieved the successful removal of duties on Australian barley last year.

"We acknowledge and thank Australian grape growers and wine producers for their fortitude and support during a challenging period.

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