The EU is a significant export market for New Zealand wine. Over 20 million litres of wine have been exported here to a value of over 150 million USD in the last 12 months. And now maybe even more New Zealand wine will reach the Club of 27.
A new trade agreement between the EU and New Zealand both removes certain technical barriers to trade and gives an easing of restrictions. Customs duties on wine from New Zealand will be lifted as soon as the agreement enters into force.
The parties have also agreed to protect each other’s geographical indications (GI). New Zealand’s GIs for wine (such as Marlborough, Central Otago and Hawke’s Bay) will be protected in the EU for the first time. Historical EU names such as port and sherry will be phased out in New Zealand, as they have already done in many other countries that have free trade agreements with the EU.
Read more nzwine
Travel: Come on a wine tour to New Zealand with BKWine.
