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.


ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 



