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Wine industry toasts FTA with India, but not all exporters are cheering

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Wine, wool and sheep meat exporters are big winners from the freshly inked interim agreement, but other sectors say major opportunities have been missed.

designed to reduce Australia's economic dependence on China has opened significant market opportunities for some industries, but others have been shut out.

"The agreement is beneficial for very high-value wine producers, many of which are small and medium-sized businesses," he said. Mr Battaglene said the industry was looking to expand into south-east Asia, India and Scandinavia while growing established markets such as the United States, Canada and the United Kingdom.

"India's consumption of wool is still a very long way behind China's, but this could only help that increase, for sure." Fletcher International Exports director Roger Fletcher said until now the focus had been on the five-star, top quality market, which amounted to about 111 tonnes of sheep meat being exported to India per year."We know there is a market for our produce in India and now we can tap into that."The majority of other global sheep meat customers are paying significantly less duty when importing Australian lamb and mutton.

 

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