Brexit offers challenges and
opportunities. There are significant
uncertainties around the UK's future trade relationship with
both the EU single market and with other overseas countries.
Continuity of trading relations is
important to us since Scotch Whisky is the single biggest net
contributor to the UK's balance of trade in goods and the EU takes
around a third of Scotch Whisky exports.
There are various options being mooted for the UK's future
trading relationship with the EU and we will have to wait and see
what UK Government decides on as a negotiating position.
As the UK Government develops its own position and trade policy
orientation, its capacity and expertise in this area will need to
be developed. We expect to work closely
with government in the coming months and years as Brexit