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The Albanese government says it has reached an agreement with China on tariffs placed on Australian wine.
In a statement on Sunday, the prime minister, Anthony Albanese welcomed the progress ahead of his meeting with China’s president, Xi Jinping, in early November, saying the government is “confident of a successful outcome”.
The agreement means China will undertake an expedited five-month review of the duties it places on Australian wine producers. Australia and China have paused the World Trade Organization dispute until the review is finished.
Australia will resume the WTO dispute if the duties aren’t dropped after the review period.
Albanese will visit Beijing between 4 and 7 November to meet Xi and the premier, Li Qiang, and attend the China International Import Expo.
The leaders are expected to discuss economic links, climate change and links between their people.
Albanese said:
I look forward to visiting China, an important step towards ensuring a stable and productive relationship … I welcome the progress we have made to return Australian products, including Australian wine, to the Chinese market. Strong trade benefits both countries.
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