India extends duty-free pea imports till end of 2024

The Indian government has extended the duty-free import of yellow peas till December 31, 2024, Agroexport reported, citing a notification from the country's Ministry of Commerce and Industry. This decision applies to all imports of yellow peas for which the bill of lading was issued no later than December 31, 2024. "The extension of the duty-free period is aimed at ensuring a stable supply of yellow peas to the Indian market and maintaining a balance between the interests of consumers and local producers," Agroexport quotes. India allowed duty-free import of yellow peas in December 2023 until March 2024. This decision was aimed at reducing the prices of pulses. Then the period for importing peas without paying duty was extended to October 31, 2024. According to Indian customs data cited by Agroexport, Russia took second place among pea suppliers to India in the first half of 2024, with supplies amounting to ...