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Search resuls for: "Grain Producers Australia"


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Australian Trade Minister Don Farrell said on Friday that Chinese restrictions affecting roughly A$20 billion of annual trade as of last May had shrunk to hit about A$2 billion of exports. The U.S. Trade Representative’s office, which has sided with Australia in the trade dispute, declined to comment on China’s move to reduce barley tariffs. FILE PHOTO: Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. Wine producer Treasury Wine Estate’s shares reversed earlier declines to close 2.7% following the barley decision against an otherwise flat market. Chinese buyers had turned to Canada, France and Argentina to replace Australian barley supplies over the last three years, while Australian sellers shifted exports to feed barley markets in the Middle East.
Persons: Don Farrell, ” Farrell, Anthony Albanese, Florence, Lee McLean, Dennis Voznesenski, , Colin Bettles Organizations: SYDNEY, China’s Ministry of Commerce, World Trade Organization, Australian Trade, Labor, U.S . Trade, REUTERS, Wine, WTO, Rabobank, , Grain Producers Australia Locations: BEIJING, Australia, normalisation, China’s, Canberra, China, Beijing, Canada, France, Argentina
FILE PHOTO: Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. Australian Grape & Wine CEO Lee McLean said the barley decision was a very positive step for the country’s relationship with China. “We hope this may provide a template for removing the duties on Australian wine,” he said. Those trade flows are likely to shift again after China drops the tariffs, with its barley buyers expected to begin purchases of the new Australian crop harvested in October for arrival by year-end. ($1 = 1.5223 Australian dollars)($1 = 1.5232 Australian dollars)((This story has been corrected to change the value of Australian barley exports to A$1.5 billion, not A$2 billion, in paragraph 11)
Persons: Florence, Dennis Voznesenski, , Colin Bettles, Lee McLean Organizations: China’s Ministry of Commerce, REUTERS, World Trade Organization, Rabobank, , Grain Producers Australia, WTO, Labor, & Wine Locations: BEIJING, SYDNEY, Beijing, China, Australia, Canberra, WTO, Canada, France, Argentina
SYDNEY, Oct 19 (Reuters) - Residents in flood-hit Australian towns ramped up efforts to build levees and sandbag homes on Wednesday ahead of more rain, although authorities said the expected storms could be milder than last week's, bringing relief as recovery operations begin. Police said a 65-year-old man was found dead in floodwaters in Victoria's north on Wednesday, taking the death toll to two. Residents in some areas, including the Victorian rural town of Echuca, are facing their second flooding in a week. In the nearby town of Moama, across the state border in southern New South Wales, defence force personnel teamed up with residents to sand-bag homes. "This is a very, very long event ... these floods will continue for a number of months," New South Wales deputy state emergency services commissioner Ken Murphy told ABC television.
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