"Wine is the most civilized thing in the world." American author Ernest Hemingway once said.
This wine club in Seoul would agree, but the high cost of imported tipple in South Korea means it's a taste reserved for the more affluent. But that could change Friday in the Free Trade Agreement between Korea and the European Union goes into effect—a 15% tariff on wine from the EU will be lifted. Customers are hoping the entire saving is passed on.
It's gonna be a great news to all the Korean wine lovers. And maybe, I mean, it will take away some of the sales from the Korean traditional wine.
After Chile signed an FTA in 2004, sales of Chilean wine in Korea soared, overtaking France as the number one seller by volume. Politicians on both sides are hailing this deal as the
