India likely to offer lower import tariffs on premium Australian wine

This will be part of an early harvest agreement; officials hope to finalise the interim trade pact by end of this month

India is likely to offer lower import tariffs on premium Australian wine as part of the interim trade deal that officials hope to finalise by month-end, people aware of the matter said.
 

The interim trade deal, which was being negotiated since September last year, was supposed to be finalised at the beginning of the month.
 

Both nations had earlier set a December 25 deadline but the deal couldn’t be finalised as both countries were not able to iron out disagreements on market access issues.
 

“We have readied almost everything, but some key differences have to be reconciled,” one of the