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FTA Ratification: Much In Store For US Wines And Spirits Exporters

机译:自由贸易协定的批准:美国葡萄酒和烈酒出口商的大量储备

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US wine and spirits exporters have much to look forward to in nanticipation of South Korea’s ratification of its free trade agree-nment (FTA) with the US. The US Congress has recently approved nthe US-South Korea FTA, which will eliminate tariffs and import nbarriers between the two countries. The FTA will remove a 15% ntariff on US wines imported into South Korea and eliminate tariffs nlevied on US-imported spirits in South Korea, and this should lift the nexport competitiveness of US wines and spirits producers in South nKorea. While there is a host of benefits in store for US wines and nspirits exporters, we note that there are potential challenges such as ncumbersome official procedures and non-tariff barriers that could nhamper their growth prospects in South Korea.
机译:美国葡萄酒和烈酒出口商对韩国批准与美国的自由贸易协定(FTA)充满期待。美国国会最近批准了美韩自贸协定,该协定将取消两国之间的关税和进口壁垒。自由贸易协定将取消对进口到韩国的美国葡萄酒的15%关税,并取消对美国从韩国进口的烈酒征收的关税,这将提高美国葡萄酒和烈酒生产商在韩国的出口竞争力。尽管美国葡萄酒和非酒精饮料出口商有很多好处,但我们注意到,潜在的挑战,例如繁琐的官方程序和非关税壁垒,可能会阻碍其在韩国的增长前景。

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