GrainGrowers is supportive of an enhanced trade environment that is mutually beneficial between Australia and India. India continues to be an attractive market for Australian grain growers. GrainGrowers is calling for the Australian Government to deliver an Australia-India Agreement that improves market access for Australian grains, oilseeds, and pulses goods.
KEY POINTS
- At its peak, the Indian market was worth over $1.8billion to the Australian grains industry, however prohibitive tariffs and barriers to entry have seen trade drop to $550million.
- In 2017, Australian chickpeas underpinned the trade, valued at $1.7billion, however prohibitive tariffs imposed by the Indian Government which saw the market practically close overnight.
- India is expected to be the most populated countries by 2031, food security and job creation are key policy issues for the Indian Government.
- The relationship between India and Australia is mutually beneficial, with opportunities to address food security, economic and trade matters to the benefit of both nations.
- GrainGrowers is calling for the Australian Government to deliver an Australia-India Agreement that improves market access for Australian grains, oilseeds and pulses goods.
- We also seek an agreement that includes non-tariff measures within, and ensures the agreement is living and adapts as the relationship matures.
