ICELAND, ARGENTINA STRIKE EU DRINKS TRADE DEALS
October 2nd, 2006
BY KEITH NUTHALL
THE EUROPEAN Commission has agreed to widen European Union (EU) low duty quotas for Argentine exporters of wine, Vermouth and fruit juices: 40,000 hl wine at Euro 10/hl duties and 20,000 hl at Euro 8/hl; 13,810 hl Vermouth at Euro 7/hl; 7,044 tonnes fruit juices at 20% duty. Meanwhile, the EU and Iceland have agreed wine, fortified wines, and unsweetened mineral waters should be traded duty free.
ENDS
THE EUROPEAN Commission has agreed to widen European Union (EU) low duty quotas for Argentine exporters of wine, Vermouth and fruit juices: 40,000 hl wine at Euro 10/hl duties and 20,000 hl at Euro 8/hl; 13,810 hl Vermouth at Euro 7/hl; 7,044 tonnes fruit juices at 20% duty. Meanwhile, the EU and Iceland have agreed wine, fortified wines, and unsweetened mineral waters should be traded duty free.
ENDS
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