Blog: Trading places
Chris Brook-Carter | 10 August 2004
Just got off the 'phone to our Australian correspondent Tony Baker after a good chat about free trade and the recent trade agreement between Australia and the US.
He believes the Australian wine industry is unimpressed with the agreement which is due to be ratified by Parliament in Canberra this week, despite officially supporting the pact.
In practice, he says, the Aussie industry is underwhelmed because most of the promised benefits will not be apparent until 2015 as tariff cuts will be phased in over 11 years.
No less practically, Australian wine exports to the US are already booming to the extent that it has become the biggest market by value, a total of A$908m (US$644m).
Rather than tariffs and quotas, Australian producers are more concerned with the Californian grape glut and the complexities of the US state-based distribution system.
Heineken is gearing up for a product launch in Australia this month. But exactly what the product is, the brewer is not saying....
It's Summer in the northern hemisphere and the beer festivals are in full swing. Even the famously secluded North Korea is letting its regulation-cut hair down with the Taedonggang Beer Festival, name...
Drinks companies that use celebrities and influencers to endorse products via social media could be in line for some rule changes....
A couple of months ago, US-based Saltwater Brewery developed 'edible six-pack rings' in an effort to curb threats to wildlife....
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