Australian trade deal could slash tariffs on whisky and boost Scottish industry



Graham Stuart, Elizabeth Truss | GOV.UK

Trade deal with Australia could boost Scottish industries like financial services, manufacturing, pharmaceutical and food and drink.

A UK-Australia trade deal could include a major boost for Scotch whisky producers with the removal of a 5% tariff on whisky exports, the Department for International Trade has revealed today (Thursday 3rd June).

The International Trade Secretary Liz Truss is seeking to remove the tariff, which makes it more expensive for distilleries to sell overseas, and is also pushing for improved legal protection for whisky in the Australian market during ongoing trade negotiations.

To read the article in full, please visit here