India’s tariff elimination on pulses has little effect on Canada

Published 2021년 6월 2일

Tridge summary

The Indian government has temporarily suspended import duties on pigeon peas, mung beans, and urad/black gram lentils until October 31, in an effort to combat inflation and stabilize domestic food prices. However, these pulses are not significant to Canada, according to Mac Ross, director of market access and trade policy for Pulse Canada. Canada is hoping for fewer restrictions on the pulses it exports, such as tariff reductions. Currently, Canada's lentil stocks are low, with levels not seen since 2016-17. The unpredictability of India's grain policies has posed a challenge for Canada in trying to be a reliable supplier to the country.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

MarketsFarm — A temporary elimination of some import duties on three pulses currently has little effect on Canada, according to Mac Ross, director of market access and trade policy for Pulse Canada. Earlier in mid-May, the Indian government ordered the suspension of tariffs on pigeon peas, mung beans and urad/black gram lentils until Oct. 31. The government’s reasoning for these changes are to combat inflation and bring stability in domestic food prices. “Out of those three pulses, none of those are ones that Canada produces or exports,” Ross said. However, he noted, red and green lentils can be used as substitutes for pigeon peas. These lentils still have their import duties. “What we are looking for are pulse changes to allow for fewer restrictions on the pulses we care about,” Ross said. “A tariff reduction would be good news for Canada.” Lentil stocks in India and Canada are tight, he said, with the latter at their lowest levels since 2016-17. A major problem Canada has ...
Source: Grainews

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