{"id":227501,"date":"2025-05-06T21:29:44","date_gmt":"2025-05-06T21:29:44","guid":{"rendered":"https:\/\/peraltafinancing.com\/alcohol\/whisky-tariffs-halved-in-uk-india-trade-deal-drinks-international\/"},"modified":"2025-05-06T21:29:44","modified_gmt":"2025-05-06T21:29:44","slug":"whisky-tariffs-halved-in-uk-india-trade-deal-drinks-international","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=227501","title":{"rendered":"Whisky tariffs halved in UK-India trade deal &#8211; Drinks International"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p dir=\"ltr\"><span>The agreement was announced today (6 May) by the Department for Business and Trade and will see the tariffs drop from 150% to 75%, before falling to 40% by the 10th year of the deal between the two nations.<\/span><\/p>\n<p dir=\"ltr\">Diageo chief executive, Debra Crew, said: \u201cToday\u2019s agreement is a huge achievement by Prime Ministers Modi and Starmer and Ministers Goyal and Reynolds, and all of us at Diageo toast their success. It will be transformational for Scotch and Scotland, while powering jobs and investment in both India and the UK. The deal will also increase quality and choice for discerning consumers across India, the world\u2019s largest and most exciting whisky market.\u201d<\/p>\n<p dir=\"ltr\"><span>Mark Kent, chief executive of the Scotch Whisky Association (SWA), welcomed the deal, describing it as \u201ctransformational\u201d.<\/span><\/p>\n<p dir=\"ltr\"><span>\u201cThe UK-India free trade agreement is a once in a generation deal and a landmark moment for Scotch whisky to the world\u2019s largest whisky market,\u201d Kent added.<\/span><\/p>\n<p dir=\"ltr\"><span>\u201cThe deal has the potential to increase Scotch whisky exports to India by \u00a31bn over the next five years and create 1200 jobs across the UK. The deal is good for India too, boosting federal and state revenue by over \u00a33bn annually, and giving discerning consumers in a highly educated whisky market far greater choice from SME Scotch whisky producers who will now have the opportunity to enter the market.<\/span><\/p>\n<p dir=\"ltr\"><span>\u201cThis agreement shows that the UK government is making significant progress towards achieving its growth mission, and the negotiating teams on both sides deserve huge credit for their dedication. The Scotch whisky industry looks forward to working with the UK and Indian governments in the months ahead to implement the deal which would be a big boost to two major global economies during turbulent times,\u201d Kent continued.<\/span><\/p>\n<p><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The agreement was announced today (6 May) by the Department for Business and Trade and will see the tariffs drop from 150% to 75%, before falling to 40% by the 10th year of the deal between the two nations. Diageo chief executive, Debra Crew, said: \u201cToday\u2019s agreement is a huge achievement by Prime Ministers Modi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":227502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12029],"tags":[14456,54207,10465,84973,5038,84976,84974,84978,84977,8707,3006,7137,11209,56627,12699,43672,84972,21082,84975,16168,9792,13442,84979,14033,84971,84970],"dealstore":[],"offerexpiration":[],"class_list":["post-227501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alcohol","tag-agreement","tag-chief-executive","tag-deal","tag-discerning-consumers","tag-drinks","tag-educated-whisky-market","tag-giving-discerning-consumers","tag-halved","tag-highly-educated-whisky","tag-india","tag-international","tag-kent","tag-market","tag-ministers","tag-scotch","tag-scotch-whisky","tag-scotch-whisky-producers","tag-sme","tag-sme-scotch-whisky","tag-tariffs","tag-trade","tag-uk","tag-ukindia","tag-whisky","tag-whisky-market","tag-worlds-largest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Whisky tariffs halved in UK-India trade deal - Drinks International - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=227501\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Whisky tariffs halved in UK-India trade deal - Drinks International - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The agreement was announced today (6 May) by the Department for Business and Trade and will see the tariffs drop from 150% to 75%, before falling to 40% by the 10th year of the deal between the two nations. Diageo chief executive, Debra Crew, said: \u201cToday\u2019s agreement is a huge achievement by Prime Ministers Modi [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=227501\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-06T21:29:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/11723.photo_.4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"570\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=227501#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=227501\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Whisky tariffs halved in UK-India trade deal &#8211; 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