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Lifting of wine tax will help US exports

This article was originally published in Foodnews

THE US has been put on more of an equal footing with other major suppliers of wine in South Korea, with the removal of the 15% import tax on wine in March 2012 by the Korea-US Free Trade Agreement (KORUS FTA). This makes its position in the entry level segment of the market more competitive, the latest report from the USDA has revealed.

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