Planet Whiskies :: Scottish Single Malt Whisky, Scotch, Distilleries, American Bourbon, Japanese, Irish

World-Wide Whisky News by Planet Whiskies | Buy your whisky online

To advertise on Planet Whiskies visit our contact us page

Whisky news from the The Scotch Whisky Association

Scotch Whisky Association Welcomes Groundbreaking Trade Deal with Korea - 1st July, 2011

Whisky industry backs plans for alcohol duty review - 22nd June 2010The Free Trade Agreement (FTA) between the European Union and South Korea which comes into force today (1 July) is being heralded as a major milestone for the Scotch Whisky industry.

The FTA is the most ambitious trade deal negotiated by the EU and the first with an Asian country. Scotch Whisky is expected to be one of the biggest beneficiaries of the deal as it eliminates Korea’s 20% import tariff on spirits. Scotch Whisky is the UK’s largest export to Korea and it is by far the biggest imported spirits category in Korea.

The agreement also provides legal protection in Korea for products with “geographical indications”, including Scotch Whisky, and it tackles a number of other barriers to trade. Korea is currently the sixth largest export market by value and ninth by volume for Scotch Whisky worldwide, with direct shipments from the UK alone totalling £153 million last year.

Martin Bell, Scotch Whisky Association Deputy Director - Asia Pacific and WTO, said:“Scotch Whisky is the UK’s single biggest export by value to Korea. Scotch is also the European Union’s biggest wine and spirits export to the market. This deal will generate significant benefits for the UK and EU economies.

“Despite Korea already being a key market for Scotch, its performance over the years has been impeded by the high tariff and other trade barriers in a market where the domestic spirit, soju, has a 97% market share. The FTA gives distillers a significant boost as they seek to market their products to Korean consumers, who already have a taste for Scotch Whisky, notably premium blends.”

While the agreement with South Korea is confirmation of progress being made on the international trade agenda, the SWA said there is still a lot of work to be done to break down barriers in other emerging markets, notably India.

<< Back to all the latest whisky news brought to you by Planet Whiskies

Planet Whiskies on Twitter
Planet Whiskies on Facebook
Planet Whiskies on Google Plus
Planet Whiskies on Pinterest

The Macallan Gold Limited Edition Twin Glass Tumbler GiftsetThe Macallan Gold Limited Edition Twin Glass Tumbler Giftset

Nose: Lemon citrus, then orange peel and an interlacing sweetness that softens but doesnt eliminate the zest. A quiet note of vanilla is followed by dark chocolate with lingering floral and light oak notes.br> Click to read more

Buy The Macallan Gold Limited Edition for only £253
World-wide delivery available - Price Subject to Change

The Macallan 21 Years Old Fine Oak WhiskyThe Macallan 21 Years Old Fine Oak Whisky

The Macallan Fine Oak is 'Triple Cask Matured' in a unique, complex combination of exceptional oak casks. Tasting notes - NOSE - Intense and rich with a hint of vanilla and passion fruit... Read more

The Macallan 21 Years Old Fine Oak for only £350.00
World-wide delivery available - Price Subject to Change

Christmas Advent Calendars
(Whisky, Gin, Rum, Irish Whiskey, Bourbon, Vodka, Tequila, Cognac and Douglas Laing)

Premium Whisky Advent Calendar - Red (2017 Edition) 72cl, 47.5%

Subscribe to Planet Whiskies newsletter

* indicates required

Buy from Spirits By Post:: Excellent whisky selection available to buy online today:: Click for more details

Latest Whisky News

See all whisky press releases for 2017

Chapel Gate Whiskey: Ireland’s First Modern Whiskey Bonder Launches First Release In The UK: 23rd October, 2017

Hellyers Road Distillery: Tasmania's Exporter of the Year: 16th October, 2017

Redbreast Remains The World's 'Best Irish Whiskey' For Jim Murray: 13th October, 2017

The Glenlivet 1943 Private Collection 70 Year Old Single Malt Whisky: 7th October 2017

One Of The World’s Rarest Whiskies Sells At Auction: 1981 Port Ellen sold for nearly double price estimate: 7th October 2017

50 Years Of A Unique Spirit: Introducing Loch Lomond 50 Year Old: 7th October 2017

A New Era for Luxury Irish Whiskey: Midleton Very Rare Bourbon barrel 1994: 7th October 2017

Christmas Advent Calendars (Whisky, Gin, Rum, Irish Whiskey, Bourbon, Vodka, Tequila, Cognac and Douglas Laing)

Latest Gin News

Ian Macleod Distillers Acquires Edinburgh Gin :: 13th September, 2016

Crafted Upon Four Pillars :: The definitive Modern Australian Gin Debuts in the U.S :: 13th July, 2016

VisitScotland Interactive Whisky Guide

Visit Scotland Interactive Whisky Map

Found out about 105 whisky distilleries in Scotland's five whisky regions in this very exciting interactive whisky guide :: More information

Selection of Scottish Malts Whisky available from Spirits By Post

The Glenlivet 1943 Private Collection 70 Year Old Single Malt WhiskyThe Glenlivet 1943 Private Collection 70 Year Old Single Malt Whisky

Distillery:  The Glenlivet

This dram conjures up an image of luxurious comfy leather armchairs: rich, warming, and so approachable. The nose is subtle and encourages a further plunge into a concoction of coffee, milk chocolate, wood spices and burnt orange. Click to read more

Buy Now for £30,000.00
World-wide delivery available - Price Subject to Change

Highland Park Loki - The Valhalla Collection 15 Year Old Single Malt WhiskyHighland Park Loki - The Valhalla Collection 15 Year Old Single Malt Whisky

Distillery:  Highland Park

Colour/Appearance: Pale gold.
Nose: Spiced apple, oak cakes, dried bitter orange, buttery toffee, gingerbread.
Palate:Sweet smoke, apples, custard, woody, spices, cinnamon, ginger.
Finish: Constantly changing.

Buy Now for £499.00
World-wide delivery available - Price Subject to Change

Highland Park The Valhalla Collection Set Single Malt WhiskyHighland Park The Valhalla Collection Set Single Malt Whisky

Distillery:  Highland Park

To find out the tasting notes for all four Highland Park - Valhalla Collections and other details about these bottles please click here for more details, .

Buy Now for £1700.00
World-wide delivery available - Price Subject to Change

Highland Park Odin - The Valhalla Collection 16 Year Old Single Malt WhiskyHighland Park Odin - The Valhalla Collection 16 Year Old Single Malt Whisky

Distillery:  Highland Park

Colour/Appearance: Vivid burst of sunlight.
Nose: Robust, sweet vanilla and honey, red berry fruit, toasted honeycomb, peaty smoke.
Palate: Prominent sweetness, cinnamon, bitter chocolate, fruit cake.
Finish: Lingering and complex with citrus.

Buy Now for £499.00
World-wide delivery available - Price Subject to Change

Blair Athol 23 Year Old 2017 Release Single Malt WhiskyBlair Athol 23 Year Old 2017 Release Single Malt Whisky

Distillery:  Blair Athol

Only 5,514 individually numberedbottles available worldwide! You can place your order on Spirits by Post and deliveries will start at the end of September 2017. Clicks to read more

Buy Now for £395.00
World-wide delivery available - Price Subject to Change

More details about Spirits By Post can be found on their website at www.spiritsbypost.com

Planet Whiskies on Pinterest

Planet Whiskies on Twitter

Support us Google Plus