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Trans-Pacific Partnership: Liz Truss raises hopes for whisky and computer games

DRINKS
A Generic Photo of glass of Scotch on whisky barrel. See PA Feature DRINK Scotch Whisky. Picture credit should read: PA Photo/thinkstockphotos. WARNING: This picture must only be used to accompany PA Feature DRINK Scotch Whisky.
DRINKS A Generic Photo of glass of Scotch on whisky barrel. See PA Feature DRINK Scotch Whisky. Picture credit should read: PA Photo/thinkstockphotos. WARNING: This picture must only be used to accompany PA Feature DRINK Scotch Whisky.

Scotch whisky and the computer games industry have been tipped to be among the main beneficiaries of plans to join the Trans-Pacific Partnership.

International Trade Secretary Liz Truss highlighted export “opportunities” for the sectors after confirming that formal negotiations could start in the spring.

The group includes countries such as Australia, Japan, Malaysia, Mexico, Canada and Chile, who have all signed up to a trade agreement.

Ms Truss said the post-Brexit move would lower barriers to businesses, including those in Scotland.

Speaking to Sophy Ridge on Sky News, she said: “This is a really fast-growing group of countries.

International Trade Secretary Liz Truss in Downing Street in London. 

“Some countries like Mexico and Malaysia, they are rapidly rising up the global league tables.

“What we want to do is hitch Britain to those fast-growing economies, and we’ll see reduced tariffs on things like whisky, cars, computer games technology.

“That will enable British business to export more to those countries. And unlike the EU, there aren’t the strings attached.

What we want to do is hitch Britain to those fast-growing economies, and we’ll see reduced tariffs on things like whisky, cars, computer games technology.”

“So we wouldn’t have a court making judgements, we wouldn’t have any control over our borders lost, we wouldn’t be paying any money in.

“So this is all about lowering those barriers so that we can get more of our fantastic British products into those fast-growing markets.”

Generic picture of whisky barrels/casks. 

Ms Truss singled out Scotch whisky as a sector that would receive a boost under the plan.

“For example, in Malaysia, currently they are paying over 100% tariffs on whisky,” she said.

“If we could get those tariffs reduced, it means more exports, more opportunities for the Scotch industry in Scotland.”

She added: “These things are always difficult to assess. We will produce a scoping study when we start the formal negotiations, which is likely to be later on in the spring.

“But fundamentally what it is about is lowering barriers to opportunities for British businesses.”

Boris Johnson visits Scotland during Covid-19. 

Last week, Prime Minister Boris Johnson suggested the Scotch whisky industry could be in line for financial support in the upcoming Budget.

The sector has been hit by US export tariffs and the pandemic over the last year, putting the future of some distilleries in doubt.

Donald Trump imposed 25% tariffs on Scotch whisky and a number of other British exports in October 2019 as retaliation for the EU’s illegal subsidies to plane-maker Airbus.