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Scotch whisky sales to rise in Central America

Friday, August 2, 2013

The Scotch Whisky Association has said that the new free trade accords between Europe, Central America and Colombia will bolster Scotch sales in Central America.

Scotch whisky exports to the region were valued at £66 million in 2012, with nearly 80 percent of the total accounted for by Panama.

Under the agreements, A 15 percent tariff on whisky entering Panama will be immediately eliminated, with Nicaragua 5 percent tariffs and El Salvador 30 percent tariffs set to be removed over the next six years.

Source: The Spirits Business