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Govt Pledges To Reduce High Tariffs On Export Products Like Scotch Whisky
Friday 18th August 2017
The Department for International Trade (DIT) has announced that it will be taking steps to reduce high tariffs on UK exports like Scotch whisky in a bid to boost overseas trade.
Tariffs can be imposed on exports by trading partners and they can be especially high in some markets, which can put businesses off from taking advantage of demand from overseas for UK products.
Officials from the DIT are now looking to see how trade agreements in the future and stronger ties with key partners around the world could drive down tariffs for iconic Scottish goods like whisky, gin and smoked salmon.
It's also looking into how redctions in non-tariff barriers to trade could make up part of negotiations in key markets in the future, which could further help British exports.
Dr Liam Fox, international trade secretary, said: "We are determined to open up new markets around the world for the very best whisky our distillers have to offer - and to drive down any tariffs they face. By strengthening ties with key partners, identifying new markets and tackling tariffs, the UK government is paving the way towards an even brighter future for Scotland's whisky industry."
This comes after the most recent report from Scotland Food and Drink found that exports in Scotland rose by over 11 per cent in the first quarter of the year. Scottish salmon and whisky were at the top of the list for the three-month period, with the EU the biggest regional export market outside the UK.
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