Archive for the 'Exports/Imports' Category

New Delhi: EU pressures India to cut duties on wine

Tuesday, March 6th, 2007

The European Union on Thursday asked India to cut high import duties on wine and spirits, seeking to resolve the issue through talks rather than turning to litigation at the World Trade Organization.
The European Union is disappointed that India’s 2007-2008 budget unveiled last week didn’t lower the duties on wine and spirits which are seen [...]

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Hong Kong: Duties on alcohol and wine cut by half

Wednesday, February 28th, 2007

The government has cut by half duties on wine, beer and other types of liquor to promote tourism and the alcoholic beverage trade, Financial Secretary Henry Tang said in his annual budget speech.He said duties on beer and other types of liquor containing not more than 30 pct of alcohol will be cut to 20 [...]

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Wine import deregulation will divide the wine market

Tuesday, February 6th, 2007

The strong inflow of foreign wines on the domestic market starting last year, when imports tripled, will further widen the gap between the low-price and high-price segments….
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Australian wine exports ‘worth $2.8b’

Monday, January 29th, 2007

The value of Australia’s wine exports rose to $2.8 billion in 2005/06, new figures show.
The two per cent increase on the previous year comes as more Australian wine than ever is consumed locally and overseas.
The Australian Bureau of Statistics (ASX: ABS.ax) figures showed 722 million litres of wine was exported in 2005/06 - eight per [...]

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150,000 state trade marks sold to wine exporters

Monday, January 8th, 2007

About 150,000 trade marks, compulsory for exporting Moldovan wines starting 1 January 2007, have been already issued to the enterprises which met the terms for export operations…
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“MADE IN ITALY” WINE EXPORT BOOM IN THE U.S.

Monday, December 18th, 2006

There has been a true boom for “Made in Italy” wine exports to the United States, with an increase of +7.6%, and the concrete possibility of reaching a total value of one billion dollars by the end of the year (thanks in part to the effects of the Italian World Cup soccer victory). These are [...]

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Penfolds RWT named best export wine

Thursday, December 7th, 2006

A trial red has triumphed for winemaker Penfolds with a 2003 shiraz named Australia’s best export wine of the year.
The Penfolds 2003 RWT Shiraz has edged out more than 16,000 competitors to win the George Mackey Memorial Trophy for 2005-06 awarded by the Australian Wine and Brandy Corporation (AWBC).
The corporation presents the trophy each year [...]

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Mumbia: Wine imports pick up 80% in ’05-06

Monday, November 27th, 2006

 MUMBAI: Indians are warming up to imported wines like never before. The market for imported wines is expanding at a brisk pace, posing an impressive growth of 80% in ’05-06. According to the figures from the customs authorities, wine imported in ’04-05 was worth $5.24million while the figure was close to $10million for ’05-06.
Understandably, the [...]

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No to cheap online alcohol

Monday, November 27th, 2006

By ONLINE REPORTER
November 23, 2006
 
EUROPEAN judges have rejected a legal bid to allow online shoppers to buy cut-price cigarettes and alcohol from the Continent.  
The decision is a blow to consumers hoping for a pre-Christmas bonanza.
But it is good news for Chancellor Gordon Brown, who had been facing a multi-billion-pound-a-year hole in revenue from domestic excise [...]

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EU to request WTO consultations on India’s wine import

Tuesday, November 21st, 2006

The European Union (EU) is scheduled to request formal consultations on Monday with India in the World Trade Organization (WTO) regarding India’s import regime for spirits and wines, said the European Commission.
This decision follows an investigation carried out in the framework of the EU’s Trade Barriers Regulation at the request of the EU spirits and wines industry.
The [...]

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Wine forecasts down for 2006 and 2007

Monday, November 20th, 2006

The total wine export market is expected to decrease by 3,2% in 2006 and then increase by 2,8% in 2007.
Thereafter, the rate will increase to slightly under 10%. This is according to Tai Collard, MD of Cape-based direct wine marketer, Wine-of-the-Month Club.
Looking at other industry highlights - and citing figures taken from a recent SAWIS [...]

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EU to launch wine trade complaint against India

Monday, November 20th, 2006

BRUSSELS (Reuters) - The European Union will lodge a formal complaint against India with the World Trade Organisation next week over the taxes and duties the country levies on EU wine imports, the Financial Times reported on Saturday.
“Their regime is not compatible with WTO rules. There are trade barriers that are a clear breach of [...]

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Ulster merchant to set up in France if tax rules change

Tuesday, November 14th, 2006

Top Ulster wine merchant to set up in France if tax rules change
By Lesley-Anne Henry
14 November 2006An Ulster wine merchant today said he will set up business in France if a new ruling on European imports goes ahead.
James Nicholson, who runs one of the biggest distribution companies in Northern Ireland, said he would expand his [...]

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EU to File WTO Complaint Against India’s Wine Tariffs

Friday, November 10th, 2006

By Warren Giles and Jonathan Stearns
Nov. 9 (Bloomberg) — The European Union will complain to the World Trade Organization that Indian tariffs on alcohol are illegal, seeking to expand exports for EU producers such as Diageo Plc and Pernod Ricard SA.
The EU opposes Indian taxes on imported spirits and wines that are imposed on top [...]

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