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Great Britain and Australia signed a free trade agreement
The UK and Australian government officials signed a historic free trade agreement, the UK's first completely new trade deal since leaving the European Union. The original terms of the agreement were set in June by Prime Ministers Boris Johnson and Scott Morrison, and after finalizing all the...
An upward trend in the alcohol e-commerce market
The latest analysis of International Wine & Spirits Research predicts that the value of e-commerce of alcoholic beverages will increase by 66% in global markets in 2020-2025. Experts predict that total global e-commerce alcohol sales over four years will be more than $42 million. Currently, a...
Whisky market in India - Benefits with low tariff reductions and premiumization potential
For months, the Scotch whisky industry has campaigned to cut 150% of the federal tariff on imported Scotch whisky in India. The UK government has prioritized this goal in its upcoming trade talks with Indian authorities. The importance of the Indian whisky market to the global whisky category...
COP26 whisky will be auctioned for charities
Scotch Whisky Association will put up three bottles of limited blended Scotch whisky, created for the COP26 conference in Glasgow for auction. The organization has partnered with Whisky Auctioneer, and the profits from the sale of the bottles will be donated equally to three Scottish charities...
Maharashtra cut the duty on Scotch whisky by half
Prior to formal trade talks between the UK and India, the Indian government of Maharashtra lowered the excise duty on Scotch whisky from 300% to 150%. The Scotch whisky industry is campaigning to cut 150% of the federal tariff on imported Scotch whisky in India. The UK government has prioritized...