Bordeaux, Burgundy, Champagne, and Rome have all been making their pitches to be the new home of the International Organization of Vine and Wine (OIV) after it announced they were leaving their Paris offices.
The OIV plans to settle into its new headquarters by 2024.
The OIV is one of the world's most prominent wine organizations and has 48 member states, including most major wine-producing countries, except the US and China. It produces annual reports on global wine production and consumption.
Such an international scope gained the OIV the monicker "UN of wine" and its headquarters as "wine's world capital."
Mayor François Rebsamen of Dijon, where the OIV offices would be located if Burgundy gains the nod, revealed they have solid funding brought by the region's support.
The decision will be finalized with a vote of all of the member countries.
However, it's France who would choose which of its cities to propose for OIV approval.
Word has gotten out that the French government is leaning toward recommending Dijon.
A French government proposal for the location is expected to be made at the next OIV General Assembly on July 12, a spokesperson said.
The OIV member states are given a reflection period and may vote in October 2021.


TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower
Asian Currencies Hold Steady as Strong U.S. Inflation Data Boosts Dollar
Alibaba Stock Surges After Strong Q4 Earnings Boosted by AI and Cloud Growth
Warren Buffett and Stephen Curry Charity Dinner Auction Raises $27 Million for Nonprofits
Honda Shares Jump as Automaker Forecasts Profit Recovery Despite Historic Loss
Elliott Targets Bio-Rad as Shares Continue to Struggle
Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks
Samsung Shares Drop as Labor Union Confirms Planned Strike
Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance
DOJ May Drop Gautam Adani Fraud Charges Amid $10 Billion U.S. Investment Plan
Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns
YouTube and Snap Settle School District Mental Health Lawsuit Ahead of Major Social Media Trial
Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit
Samsung Union Talks Enter Final Stage as Strike Threat Looms 



