The Chinese government has announced that high tariffs on Australian wine will be lifted from the 29th. Relations between the two countries, which had deteriorated over the investigation into the origin of the new coronavirus, are improving on the economic front.
China's Ministry of Commerce announced on the 28th that it would eliminate tariffs on Australian wine from the 29th, and Spokesperson He Yadong said at a press conference, ``China and Australia are important trading partners for each other, and the two countries We will work together to promote the stable and sound development of economic and trade relations between the two countries."
Regarding this, Australian Prime Minister Albany Gee commented, ``We welcome this outcome. This will benefit both Australian producers and Chinese consumers.'' It has been announced that the motion for settlement will be withdrawn.
Since relations between the two countries deteriorated in 2020, China had imposed tariffs of up to 218% on Australian wine, but in October last year they reached an agreement to eliminate them.
Relations between the two countries had deteriorated over the investigation into the origin of the new coronavirus, but the Albanese government, which took office in 2022, has been working to improve the relationship, with a focus on economic cooperation.
On March 20, Chinese Foreign Minister Wang Yi visited Australia, and the two countries agreed to promote cooperation in areas such as economy and trade.