China was finally dropping crippling tariffs of more than 200 per cent on Australian wines"It's absolutely fantastic for us, it's been a hard few years for the wine industry, so to get this news before Easter is just absolutely incredible," winemaker Peter Collett told 9News.
"As soon as the news broke the phone really started exploding with all of our export customers reaching out, celebrating," Max Collett said."It's about booking a spot on the ship and getting the wine over there," Max said. China was Australia's biggest wine export market worth more than $1 billion before the tariffs hit in 2020.Woodstocks Wines are now getting ready to send its first shipment to China next month. The timing of the announcement couldn't be better, with this year's vintage wrapping up."I would imagine it would take years to get back to that $1.2 billion figure ," Grape. & Wine chief executive Lee McLean said.
The South Australia government is set to announce a support package tomorrow to help the state's winemakers reconnect."The message from the government to Australian winegrowers and the Australian industry more broadly is diversification is absolutely critical," Assistant Trade Minister Tim Ayres said.
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