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GUINNESS IMPORT COMPANY ISSUES STATEMENT CONCERNING TODAY'S ANNOUNCED IMPOSITION OF INCREASED DUTIES

GUINNESS IMPORT COMPANY ISSUES STATEMENT CONCERNING TODAY'S ANNOUNCED
 IMPOSITION OF INCREASED DUTIES
 STAMFORD, Conn., July 24 /PRNewswire/ -- Guinness Import Company, the exclusive U.S. importers of Moosehead beer, today issued the following statement through its Vice President-Marketing, Paul Block:
 Today's imposition of substantially increased duties on beer imported into the U.S. specifically from the province of Ontario, marks an unfortunate escalation of a narrow dispute between the free world's two largest trading partners.
 Moosehead has been imported into the U.S. since 1978. Because exports of Moosehead to the U.S. originate exclusively from the provinces of New Brunswick and Nova Scotia, Moosehead will not be directly affected by the increased duties. Nonetheless, we view today's action as unfortunate because it is bound to have a disruptive impact on our marketplace and to place undue strain on a large and otherwise generally friendly bilateral trade relationship.
 For 125 year, Moosehead has been a fiercely independent competitor -- and that competition has always benefited the consumer in terms of price, quality and taste. In a trade war, however, there are no beneficiaries, only victims -- most often the consumer.
 We take satisfaction in being advised that the leadership of the Province of New Brunswick, home to Moosehead, is committed to the terms and time frames of the Agreement in Principle concluded by the U.S. and Canadian governments last April. And we join with our partner, Moosehead Breweries, in calling upon the parties to this dispute to seek its resolution, and the lifting of these duties, as swiftly as possibly.
 -0- 7/24/92
 /NOTE: Moosehead is a trademark./
 /CONTACT: Tom Rose of Guinness Import Company, 203-359-7236/ CO: Guinness Import Company ST: Connecticut IN: SU:


TW -- DC018 -- 3050 07/24/92 13:12 EDT
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Publication:PR Newswire
Date:Jul 24, 1992
Words:292
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