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Top related persons:
Australia's - 1 Tim Ford - 1
Top related locs:
Chirnside Park Victoria Australia China Canberra Beijing
Top related orgs:
World Trade Organisation - 1 WTO - 1 Wine - 1 Treasury Wine Estates - 1

Search resuls for: "Tim Ford"


2 mentions found


☆ China lifts tariffs on Australian wine, ends three-year freeze in trade
  + stars: | 2024-03-28 | by ( ) www.cnbc.com   time to read: +3 min
China will lift anti-dumping and anti-subsidy tariffs on Australian wine from March 29, the Chinese commerce ministry said on Thursday, ending three years of punitive levies and offering long-awaited relief to Australian wine producers. "We welcome this outcome, which comes at a critical time for the Australian wine industry," the Australian government said in a statement. "Since 2020, China's duties on Australian wine effectively made it unviable for Australian producers to export bottled wine to that market. When the tariffs on Australian wine were levied in 2021, Canberra urged the WTO to arbitrate in the dispute. "Today's announcement is a significant positive not only for Treasury Wine Estates, but also for the Australian wine industry and wine consumers in China," CEO Tim Ford said in a statement.
Persons: Australia's, Tim Ford Organizations: World Trade Organisation, WTO, Wine, Treasury Wine Estates Locations: Chirnside Park, Victoria, Australia, China, Canberra, Beijing
☆ Australian exporters rekindle China ties amid diplomatic thaw
  + stars: | 2023-02-27 | by ( Lewis Jackson | ) www.reuters.com   time to read: +5 min
Australian business leaders are following the political signals. Fortescue Metals (FMG.AX) founder Andrew Forrest, BHP (BHP.AX) head Mike Henry and Tim Ford, chief executive of tariff-hit winemaker Treasury Wine Estate (TWE.AX), have scheduled visits to China in March. At least 15 vessels carrying Australian coal were bound for China last week as traders bet already-reduced trade barriers will fall further. "People are starting to get on the front foot," Grain Trade Australia Chief Executive Pat O'Shannassy told Reuters. A shipment of Australian coal diverted to Vietnam last week after waiting at a Chinese port for five days without unloading.
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