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Japan’s National Tax Agency (NTA) published a list of 10 proposed geographical indications (GIs) for alcoholic beverages from the United Kingdom. NTA will accept public comments on the proposal through March 22, 2022.

Japan imports approximately 500,000 metric tons of malt annually, which accounts for nearly 90 percent of total demand. While overall beer consumption is declining, malt demand is expected to rebound from a down year in 2020 and steadily grow in subsequent years, reflecting strong demand for malt in craft beer and whiskey production.

The Netherlands and Scandinavian countries (Iceland, Norway, Sweden, Finland, and Denmark) are key markets for U.S. craft beer and distilled spirits. In 2020, the United States shipped $26 million of beer products and $66 million of distilled spirits to the Netherlands and Scandinavian countries.

The U.S. has long been the leading supplier of wines to the Philippines and, since 2009, the Philippines has been the largest U.S. wine market in Southeast Asia in terms of volume.

Australia is expected to improve its global competitiveness as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Agreement is likely to reduce tariffs and provide....