INDIA IMPOSED AN IMPORT TARIFF ON PEAS AND ON CHICKPEAS AND LENTILS

INDIA IMPOSED AN IMPORT TARIFF ON PEAS AND ON CHICKPEAS AND LENTILS

India in November imposed a 50 per cent import tariff on peas and in December a 30 per cent tariff was placed on chickpeas and lentils. The tariffs were imposed overnight and left the pulse industry worldwide displeased.

Australia has managed to reach an agreement with India in regards to future tariffs. The country’s Agriculture Minister David Littleproud travelled to India this week to meet with government officials to discuss the country’s recent import tariffs. The Indian government agreed to provide notice in the future to the Australian grains industry before imposing any tariffs.

While there has been no news in Canada in regards to developments with India about import tariffs, AGT Food and Ingredients CEO Murad Al-Katib did say last week he believes the pulse crop trade with India will continue.

Source: https://www.grainews.ca/daily/pulse-weekly-outlook-australia-makes-progress-with-india-canada-waits?module=the-latest&pgtype=homepage

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