Aus wines already benefiting from JAEPA

Australian wine companies are already beginning to see benefits of the Japan–Australia Economic Partnership Agreement (JAEPA) just two months after its initiation, according to The Australian Grape and Wine Authority’s (AGWA) Wine Export Approvals database. Under JAEPA, the tariff on bulk wine has immediately been reduced to zero, while the 15 per cent import tariff on Australian bottled wine is planned to be eliminated over seven years.