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Amer Picon is made with fresh and dried orange peel macerated in neutral alcohol and then distilled. Dried gentian roots and quinquina are macerated separately...
No clear why it says it is a product of Belgium. It's 100% French. Although exactly where it is made remains unclear. Some report Marseille, others Bordeaux, Levallois and/or Lyon. But it's in France.
It was originally made in France but the label of the bottles we have say they were made by Diageo Belgium. Diageo recently sold Picon to Pernod Ricard who I'm sure will return production to France. However, Diageo may well have sold the brand with a supply contract lasting perhaps two years to allow the seller time to cease production and the buyer time to prepare to take over production.