Business opportunities and challenges: cherry and wine associations highlight Chile Summit in India

Published 2024년 8월 21일

Tridge summary

Chile is preparing to attend the Chile Summit 2024 in India, seeking to strengthen commercial ties with the Asian nation, particularly in the agricultural sector. The country is looking at India as a diversification market for fresh fruit, especially cherries, which currently depend heavily on China. Additionally, Chile is aiming to include wine in any future Comprehensive Economic Partnership Agreement (CEPA) with India, with the hope of reducing the current 150% tariff to zero, similar to the deal Australia has secured. Chile also sees potential in exporting kiwis and salmon to India, as food exports have seen a dramatic increase of nearly 1,000% since 2013.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In view of the Chile Summit 2024, which will take place between August 27 and 30 in India, and which will be attended by Foreign Minister Alberto van Klaveren and the Minister of Agriculture, Esteban Valenzuela, Chilean associations highlighted the commercial opportunities and challenges with the Asian country. India is seen as an important focus of diversification of fresh fruit exports, particularly cherries. In fact, to date, China concentrates about 90% of the shipments of this fruit, since it has a special meaning for the Chinese New Year. Cherries and wine, an opportunity in India In this sense, Claudia Soler, executive director of the Chilean Fruit Cherry Committee, explained that “we see it as an important market for diversification.” “We believe that with the size of the population it has and this middle class that is growing, which is increasingly with greater purchasing power, we can reach this market and make it relevant for cherries,” she added. Wine is another ...

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