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Liberalisation of Wine Trade under India-Australia CECA

Author

Listed:
  • Arpita Mukherjee

    (Indian Council for Research on International Economic Relations (ICRIER))

  • Drishti Vishwanath

    (Indian Council for Research on International Economic Relations (ICRIER))

Abstract

In April 2022, India and Australia signed an Interim Economic Co-operation and Trade Agreement, and India for the first-time liberalised wines under this agreement. This report studied the scope for liberalisation of tariffs in wines and the scope for removal of non-tariff barriers under the India-Australia trade agreement. It not only investigated different aspects of trade, like tariffs, standards and other non-tariff measures, trade facilitation and logistics in the context of a trade agreement, it also examined how a sector can be liberalised under a trade agreement so that both sides benefit from it. Besides, it sets a framework for tariff liberalisation under different scenarios. The objective of this report is to enhance knowledge about trade agreements and how they can be negotiated to facilitate business-to-business collaboration, especially among small and medium enterprises.

Suggested Citation

  • Arpita Mukherjee & Drishti Vishwanath, 2022. "Liberalisation of Wine Trade under India-Australia CECA," Indian Council for Research on International Economic Relations (ICRIER) Report 22-r-04, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
  • Handle: RePEc:bdc:report:22-r-04
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    File URL: https://icrier.org/pdf/ES_Wine-Trade.pdf
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    Keywords

    Trade; SMEs; wines; tariff; alcoholic beverages; CECA; icrier;
    All these keywords.

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