EU and Australia writes new wine agreement

A new wine agreement has just been signed by the EU and Australia. It stipulates e.g. that Australian wine producers will no longer be able to use European regulated place names for their wines, such as for example Moselle, Chablis, Champagne or Port. It also says that the EU will recognise Australian wine making practices and will allow wines to be sold in the EU even if they do not follow European regulations, as long as they follow Australian rules (for example, in Australia de-alcoholising wine is allowed but not in the EU). In both cases the rules are reciprocal (i.e. European producers will not be allowed to use Australian place names etc).