BusinessPhoto: Firstpost WorldIndia Assures Liquor Firms on UK Trade Pact, Scotch Tariff Dispute
India's government assured liquor companies it will honour the India-UK trade pact and resolve the Scotch whisky tariff dispute. The issue unsettled the $65 billion industry, including Pernod and Diageo. The dispute arose after New Delhi questioned tariff reductions on bulk Scotch imports. In a recent meeting, officials indicated a resolution is likely, confirming bulk Scotch imports are covered under the trade concessions.
Firstpost World·




