News

India cuts tariff on Chilean blueberries

Fresh Blueberry
Frozen Cranberry
Published Mar 4, 2024

Tridge summary

The Indian government has slashed import tariffs on Chilean blueberries and cranberries from 30% to 10% and 5% respectively. This move has been welcomed by Chilean exporters who see significant potential in the Indian market, projected to be the world's third largest economy by 2030. Despite logistical hurdles, Chilean shippers are optimistic about joint promotional initiatives and combined shipments of blueberries and cherries.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Chilean exporters have welcomed the decision by the Indian government to reduce the tariff on imports of Chilean blueberries and cranberries. As of 20 February, the tariff on imports of fresh, frozen and dried Chilean blueberries and cranberries has been cut from 30 per cent to 10 per cent. Canned or prepared cranberries will now have a standard tariff rate of 5 per cent, while similarly packaged blueberries will have a tariff of 10 per cent. “This is very good news for our blueberry exports to India, since the Indian market has a special importance for Chilean exports,” said Iván Marambio, president of Frutas de Chile. “This lower tariff for our blueberries makes us think about greater opportunities in India, a market that is expected to become the third largest economy in the world by 2030.” Andrés Armstrong, executive director of the Chilean Blueberry Fruit Committee, said the decision was “very positive” and would “undoubtedly help facilitate the entry of this healthy fruit in ...
Source: Fruitnet
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