Farms.com Home   News

India Ramps Up Restrictions On Pea Imports

The Indian government said late last month that on top of the current import tariffs and quotas for imported peas they would be introducing a minimum price. 
 
Mac Ross is Pulse Canada's Director of Market Access and Trade Policy.
 
“As per usual, it comes without any prior notification to India's global trading partners and its caused exporters and the trade not only here in Canada but all over the world to ask questions regarding how this new requirement will unfold.”
 
He says there may be a minimum import price, as well as having all pea imports restricted to one port.
 
Ross notes there's work to be done with our global partners and our own government to understand the overall details of this requirement.
 
India placed a 50 % tariff on Canadian peas in November 2017.
Click here to see more...

Trending Video

NEW U S China $17 Billion Trade Deal = New Bull Market in AG?

Video: NEW U S China $17 Billion Trade Deal = New Bull Market in AG?


The NEW U.S.-China $17 billion trade deal of “non-soybean” purchases for 26, 27 and 28 is very bullish ag!
The end to the Iran/U.S. war is near as both crude oil & fertilizer fall.
U.S. drought in the West and Southeast is slowly bleeding East and North.
U.S. HRW P/VP conditions increased again to the worst ever!
The godfather of AI (NVDA) beat all metrics with new revenue from Agentic AI & CPU’s.
Cattle on Feed bullish + CFTC.