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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.

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Islay whisky collection up for auction in aid of RNLI: A Group of seven malt whiskies from each of Islay’s coastal distilleries Goes Under The Hammer

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Some Scottish Whisky Available to Buy Online

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The Macallan 12 Year Old (1L) - 1980s Single Malt Whisky ~ 43% ~ 100cl

Region: Speyside  ~  Type:   Scottish


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Glenfarclas 1970 (cask 2033) Family Cask Winter 2015 Release Single Malt Whisky
Glenfarclas 1970 (cask 2033) Family Cask Winter 2015 Release Single Malt Whisky ~ 55.5% ~ 70cl

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Highland Park 26 Year Old (That Boutique-y Whisky Company) Single Malt Whisky
Highland Park 26 Year Old (That Boutique-y Whisky Company) Single Malt Whisky ~ 50.2% ~ 50cl

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Glenglassaugh 50 Year Old 1965 (cask 3510) - Rare Cask Release Batch 3 Single Malt Whisky
Glenglassaugh 50 Year Old 1965 (cask 3510) - Rare Cask Release Batch 3 Single Malt Whisky ~ 40.1% ~ 70cl

Region: Highland  ~  Type:   Scottish


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Littlemill 40 Year Old Celestial Edition Single Malt Whisky
Littlemill 40 Year Old Celestial Edition Single Malt Whisky ~ 46.8% ~ 70cl

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Caol Ila 26 Year Old 1991 (cask 4678) - Mackillops Choice Single Malt Whisky
Caol Ila 26 Year Old 1991 (cask 4678) - Mackillops Choice Single Malt Whisky ~ 50.4% ~ 70cl

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Highland Park 25 Year Old 1991 (cask 8103) - Mackillops Choice Single Malt Whisky
Highland Park 25 Year Old 1991 (cask 8103) - Mackillops Choice Single Malt Whisky ~ 53.9% ~ 70cl

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Glenrothes 43 Year Old 1973 (cask 11099) - Cask Strength Collection Ra Single Malt Whisky
Glenrothes 43 Year Old 1973 (cask 11099) - Cask Strength Collection Ra Single Malt Whisky ~ 41.8% ~ 70cl

Region: Speyside  ~  Type:   Scottish


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Springbank 15 Year Old 1991 - Mission Gold (Murray McDavid) Single Malt Whisky
Springbank 15 Year Old 1991 - Mission Gold (Murray McDavid) Single Malt Whisky ~ 53.8% ~ 70cl

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Talisker 24 Year Old 1953 - Connoisseurs Choice (Gordon & MacPhail) Single Malt Whisky
Talisker 24 Year Old 1953 - Connoisseurs Choice (Gordon & MacPhail) Single Malt Whisky ~ 43% ~ 75cl

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