Australia: India's FTA interim deal has lost opportunities according to grain grower groups

Published 2022년 4월 4일

Tridge summary

The Australian grains industry is expressing mixed reactions to the interim free trade agreement (FTA) with India, with some leaders seeing it as a step in the right direction despite missing out on key requests, especially in pulse trade reform. The deal includes provisions for lentils, faba beans, and canola oil, with Australia hoping for a competitive edge in lentil exports due to potential tariff reductions. However, Grain Growers and Grain Producers Australia are cautiously optimistic, highlighting the need for ongoing negotiations to address issues like export barriers and non-tariff measures for key commodities like wheat and barley. The lack of progress in barley exports, a potential market for Australian malt barley, is noted, with efforts ongoing to meet India's strict export standards and address non-tariff measures.

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Original content

THE GRAINS industry is warning there could be missed opportunities if the details within the interim free trade agreement (FTA) with India announced over the weekend are implemented permanently. While pleased with a number of modest wins within the FTA, Grain Growers chairman Brett Hosking said overall the agreement was 'a little frustrating' for the Australian grains sector. In particular, he said he would have liked to have seen more in terms of pulse trade reform. "The details of the interim deal are a little frustrating given the enormous potential for exports, particularly our chickpeas into this market," Mr Hosking said. RELATED: India FTA yet to materialise RELATED: India drops lentil tariffs "We understand there are 180 million farmers in India and the Indian government want to look after them but Indian agriculture, like Australia, is highly dependent on the weather and there will be years where they are looking to bring in product and we want our chickpea producers with ...

Source: Farmweekly