India-UK Trade Deal Faces Threat Over Scotch Whisky Tariff Dispute

TV9 Hindi · business

India's decision to exclude bulk Scotch from a reduced 75% tariff rate threatens the India-UK trade agreement, according to Diageo and Pernod Ricard. This move contradicts the deal's intent to benefit key UK exports like whisky. Indian investigators searched the companies' offices, suspecting misclassification of imported goods to exploit lower duties. The International Spirits and Wines Association of India warned this dispute could undermine market access benefits agreed upon during negotiations.

भारत-यूके व्यापार सौदे को स्कॉच व्हिस्की टैरिफ विवाद के कारण खतरा