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The Australian wine industry has seen about $1 billion in trade with China vanish since 2020 in an ongoing trade dispute. “We look forward to the ratification of this agreement and working with our partners and the wine industry in Australia and India to grow the India wine category,” chief executive Tim Ford said.
A protectionist approach from India to its domestic dairy market - the biggest milk producer in the world - has excluded Australia’s dairy industry from the deal. However, the sector is highlighting opportunities to export products the Indian market isn’t already providing such as whey and lactose products.
Well done LNP, now to have the dairy industry included.
By the time the wine industry gets started in the Indian market, China will be back on board
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Source: abcnews - 🏆 5. / 83 Read more »