Retail in Asia

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S Korea lifts Scotch whisky import barriers

Trade barriers to Scotch whisky imports have been removed in South Korea – a nation that already ranks among distillers’ most successful markets.

The new free trade agreement was struck between the European Union and the Seoul government.

The 20 percent spirits import duty is being phased out and complex requirements for labelling and warehousing removed.
 

(Source: BBC News)