RUSSIA: Government seals WTO vodka deal
Russia has secured the future right to export its vodka and other drinks products to key European Union (EU) export markets at import duty rates charged on cargoes from World Trade Organisation (WTO) member countries.
Moscow has struck deals on future trade relations with 29 WTO members, including the EU, also setting future tariff levels that Russia will charge on all imported goods.
These unpublished agreements cover 87% of Russia's imports and are an important step towards its joining the WTO, which would bring these deals into force.
Accession is unlikely this year, but may happen in 2006. A key membership benefit is the 'most favoured nation' principle, where all countries pay the same import duties when exporting particular products to a member country.
Global sales of Scotch whisky may have recently gone through the GBP1bn barrier but, writes Chris Losh, worries over declining volumes in major markets such as France and Spain have resulted in cautio...
The latest export figures for Scotch whisky make uncomfortable reading for brand marketers and the strategists at the Scotch Whisky Association, showing declines in both Asian and European markets. C...
The World Trade Organisation has upheld its ruling against Mexico in the soft drink row with the US....
The UK's Scotch Whisky Association has hit back at claims it has been "hostile" in its pursuit of a cut in India's tariffs on imported spirits....
World Trade Organisation talks on creating a register for wine and spirit geographical designations have failed after two years of negotiations....
India has decided not to sign a EU-proposed multilateral wines and spirits registry....
The US claims that it has won a World Trade Organisation (WTO) case against Mexico, with a disputes panel ruling a 20% tax on Mexican soft drinks manufactured with imported high-fructose corn syrup br...
The US Commerce Department has introduced preliminary anti-dumping duties of up to 60% on orange juice from Brazil following complaints from Florida citrus growers accusing Brazilian producers of comp...
- Have spirits companies forgotten the mainstream?
- Ten questions for Diageo - Analysis
- Does alcohol accelerate the onset of dementia?
- Pernod's mood darkens over India - Analysis
- Why Scotch must drop the 'malts good, blends bad'
- Moet Hennessy unaffected by LVMH Dior buy
- Diageo to cut 105 jobs in Scotland, 50 in Italy
- Distell acquires majority stake in Cruz Vodka
- Portman Group heads to Tesco for new chief exec
- William Grant names Europe & NA Travel Retail head
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Craft Beer: Coming of Age or Past Its Prime?
- Myanmar - ISA Country Report