UK: WSTA succeeds in EU sub-heading fight
The Wine and Spirit Trade Association has secured continued use of the existing eight-digits customs sub-headings.
The association said today (27 February) that the European Commission had considered abolishing the codes as part of its simplification of the European Combined Nomenclature.
"This is a good outcome for the trade that had argued strongly for these customs sub-headings to be maintained," said WSTA chief executive Jeremy Beadles. "We are in favour of simplifying the nomenclature but there is no point in losing something that is recognised and used by the trade to help monitor performance."
The codes allow the trade to compare year-on-year production and sales using recognised industry product codes.
- Cannabis – A clear and present danger to alcohol
- Is Irish whiskey ready to recognise its potential?
- Interview - Bernstein analyst Trevor Stirling
- Global Travel Retail - What is the Grey Market?
- The European beer market - Focus
- Diageo appoints first programmatic marketing head
- Corporate Relations Director to leave Diageo
- Bacardi names new global communications head
- Diageo strike threat postponed with fresh vote
- Pernod Ricard pairs Usain Bolt with Mumm Champagne