spiritsEUROPE applauds the announcement of a 5-year suspension of tariffs related to the ongoing large civilian aircraft dispute
spiritsEUROPE applauds today’s agreement on large civil aircrafts, leading to the suspension of tariffs on unrelated products such as spirits for a period of 5 years. Commenting on this positive agreement, spiritsEUROPE Director General Ulrich Adam said: “This decision is a major step and we remain confident, that it will lead to the eventual resolution of the underlying dispute, while providing welcome relief to our sector and many others”.
“It is now critical that remaining differences get resolved as soon as possible, so that all remaining tariffs on spirits may be removed for good and we may return to transatlantic tariff-free trade in spirits, which we had enjoyed for almost 25 years prior to 2018. This is a must if we want to focus on economic recovery and rebuilding a strong transatlantic alliance based on a positive and ambitious agenda, including on reform of the WTO”.