Relief in sight for Australian winemakers, as China proposes ending crippling tariffs in exchange for suspending a dispute lodged with the WTO.

These tariffs were introduced in 2020, and contributed to a wine glut that created an oversupply of 2.8 billion bottles.

NZ Wine Chief Executive Philip Gregan says winemakers on this side of the Tasman are relieved for their Australian counterparts.

"We've been really feeling for our Australian colleagues, they've been enduring a very hard time. The actions taken by China have had a huge impact on their industry."

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