Wine Trade Law and Legal Definition
Wine trade means buying and selling of wine. Wine refers to any fermented alcoholic beverage and is generally made from grapes or other fruit. It is mainly used for nonindustrial use.
The federal statute 19 USCS § 2801, states the following purposes of wine trade:
1. to provide wine consumers with the greatest possible choice of wines from wine-producing countries;
2. to encourage the initiation of an export promotion program to develop, maintain, and expand foreign markets for the U.S. wine; and
3. to achieve greater access to foreign markets for the U.S. wine and grape products through the reduction or elimination of tariff barriers and nontariff barriers to (or other distortions of) trade in wine.