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

Published Apr 5, 2022

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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.

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"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 the best possible opportunity to supply them." Mr Hosking said he was hopeful negotiations between trade officials from both countries could thrash out a deal with mutually beneficial outcomes within the grains space. "Australia is counterseasonal to India so we feel there could be some really solid opportunities for both countries in the years where Indian production is down and they need to bring grain in." He said the interim deal offered some opportunities in some ...
Source: Farmweekly
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