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Latin American Free Trade Agreement is a boost to Scotch whisky industry
date:Aug 06, 2013
America in 2012, but this is a relatively small part of the spirits market in these countries.

In March the FTA entered into force with Peru which resulted in immediate tariff elimination and protection for Scotch whisky. The most recent FTA agreement willimmediately end the import tariff in Panama, and will gradually eliminate the tariff in Colombia, Honduras and Nicaragua. All the countries will help to secure the end ofdiscriminatory excise tax on imported spirits drinks through law reform a

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