Scottish whisky could be in for a major boost if Britain strikes a trade deal with Australia now that it is no longer a member of the European Union.
AUSTRALIA is the eighth biggest market for Scotch whisky exports, worth £113 million last year. The Scotch Whisky Association says a tariff cut will help boost sales and support distillers across Scotland as Australia is a prime market for premium single malt Scotch.
Secretary of State for International Trade, Liz Truss, said, “A UK-Australia trade agreement would be significant for Scotch whisky and the Union. Part of the promise of leaving the EU was striking deals with countries well beyond Europe, opening new opportunities for iconic British goods like Scotch overseas.”
The industry currently supports more than 10,000 jobs in Scotland and more than 40,000 across the UK.
A deal with Australia would be the first in a series of “next generation of trade deals” that the government wants to strike with large and fast-growing consumer markets beyond Europe, the government added in a statement.
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