Drinks Ireland|Spirits has welcomed an agreement between the EU and the US on large civil aircrafts, which has resulted in a five year suspension of all tariffs applied am the Airbus/Boeing dispute, including on Irish cream and other Irish liqueurs.
"A Positive Development"
Head of Drinks Ireland|Spirits Vincent McGovern stated, "This is a positive development for Irish spirits, as the US is a vitally important market for our industry. In 2019, it was the number one market for Irish GI spirits (Irish Whiskey, Irish Cream and Poitín), with 2,385,800 nine-litre cases of Irish cream exported from Ireland to the US that year."
"Critical"
McGovern added, "Open trade is critical for our sector and we hope that the removal of tariffs will help grow the Irish cream category in that market in the coming years."
© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
