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France wants U.S. chateau out of EU

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So when the European Commission decided to act on a U.S. request to regain permission to export ‘chateau’ and ‘clos’-labeled wines to Europe – including France – the anger was palpable.

“The European Commission is bartering our heritage and our economic clout at the expense of globalization,” said Gapenne. “I cannot understand that they would yield on this.”

For the U.S., the benefits of tapping the European market are clear. Even though it is declining, the 27-nation European Union still accounts for 57 percent of the global wine consumption.

Last year, 34 percent of U.S. wine exports by value went to the EU, accounting for $478 million.

And the industry is counting on removing trade barriers worldwide to push exports even more.

In comparison, the EU said its exports to the United States stood at $2.86 billion last year, boosted by many of the top-edge chateau and clos vintages that have come to define the continent’s best wines.

The global turnover of France’s Bordeaux wines stood at 4.2 billion euros and 55,000 jobs while the Burgundy region added 1 billion euros and 20,000 jobs last year.

“The notion would be totally discredited and empty of any meaning.”

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