West Australian crayfish bound for high-end Indian hotels after trade agreement
2 years, 1 month ago

West Australian crayfish bound for high-end Indian hotels after trade agreement

ABC  

Live western rock lobster will soon be exported to India following successful negotiations between a West Australian company and an Indian distribution company. Key points: Legislation implementing the Australia-India Economic Cooperation and Trade Agreement passed through parliament this week It opens trade doors, such as the negotiated agreement to send WA lobster to Indian hotels Once the agreement is enacted, other commodities like mandarins and lamb could be sent to new Indian markets After its signature in April this year, legislation implementing the Australia-India Economic Cooperation and Trade Agreement passed through federal parliament this week, alongside the Australia-United Kingdom Free Trade Agreement. Once the trade agreement is enacted, the 30-per-cent import tariff on live Australian lobster into India will be removed. Ms Hall said 200 kilograms of western rock lobster travelled to India with the group, which marked the first rock lobster to be imported from Australia into India.

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History of this topic

Lobsters back on the menu for Australian exports to China
2 months, 2 weeks ago

Lobsters back on the menu for Australian exports to China

The Independent  

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China will lift 4-year ban on Australian lobster imports, Australia's prime minister says
2 months, 2 weeks ago

China will lift 4-year ban on Australian lobster imports, Australia's prime minister says

The Independent  

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Chinese trade restrictions on Australian lobsters to be lifted before Chinese New Year
2 months, 2 weeks ago

Chinese trade restrictions on Australian lobsters to be lifted before Chinese New Year

ABC  

Prime Minister Anthony Albanese says he has secured a promise from China's Premier Li Qiang to lift a ban on Australian rock lobsters by the end of the year. 'Baffling': Rock lobster industry struggles through fourth year of China ban Photo shows A southern rock lobster Rock lobster fishers are growing increasingly frustrated about continuing Chinese government trade restrictions, months …

Australia anticipates China will lift final obstacle for exports as they ease past 2020 row
6 months, 1 week ago

Australia anticipates China will lift final obstacle for exports as they ease past 2020 row

Associated Press  

CANBERRA, Australia — Australian Trade Minister Don Farrell on Wednesday predicted the final obstacle for exports to China, Beijing’s ban on live lobster imports, will be lifted soon after Chinese Premier Li Qiang visits the country. Prime Minister Anthony Albanese, who in November became the first Australian government leader to visit Beijing in seven years, said Li’s visit was symbolic …

Free trade deal with India set to be worth millions for Australian producers amid avocado oversupply
6 months, 2 weeks ago

Free trade deal with India set to be worth millions for Australian producers amid avocado oversupply

ABC  

In short: Australia has begun shipping avocados to India. Nutritionist Kevita Devgan said the trade deal came at the right time with India's increasing focus on eating healthy "post COVID". Queensland avocado grower Daryl Boardman said exporting to India could help Australia's avocado producers. Avocado exporter Antony Allen said India could become Australia's biggest avocado importer within three years, overtaking …

India raises issue of pharma pricing control in Australia
7 months, 2 weeks ago

India raises issue of pharma pricing control in Australia

Deccan Chronicle  

New Delhi: India has raised the issue of pharmaceutical pricing control in Australia, particularly on generic medicines, during a recent bilateral meeting between the officials of the two countries.The two sides have decided to work closely on timely resolution of market access issues, deepen people-to-people contacts, and create an institutional mechanism for sharing of preferential import data, the commerce ministry …

Trade pact unlocked enormous potential, says Australian PM
1 year, 9 months ago

Trade pact unlocked enormous potential, says Australian PM

The Hindu  

Visiting Australian Prime Minister Anthony Albanese in Mumbai on Thursday said the India-Australia Economic Cooperation & Trade Agreement, which recently came into force, has unlocked enormous potential in the relationship between the two countries. “It gives Australian businesses far greater access to the mighty Indian economy, a market of some 1.4 billion people and one of the world’s fastest growing …

India, Australia free trade agreement to come into force from December 29
2 years ago

India, Australia free trade agreement to come into force from December 29

India TV News  

The free trade agreement between India and Australia will come into force from December 29, a move which will help in almost doubling the bilateral commerce to USD 45-50 billion in around five years. "The Albanese government welcomes confirmation today that the Indian Government has completed its domestic requirements to enable implementation of the Australia-India Economic Cooperation and Trade Agreement," …

India set to miss seafood export target
2 years ago

India set to miss seafood export target

Deccan Chronicle  

Visakhapatnam: India, which earns sizable foreign exchange from seafood exports, is unlikely to reach the target of $8.4 billion this fiscal due to market stress in both Europe and the US. Markets in the US, UK, rest of Europe and China are stressed,’’ said Gujarat-based exporter and president of the seafood exporters association of India, Jagdish Fofanti. Sources said MPEDA …

Opening stance: The Hindu Editorial on the Australian parliament ratification of trade pact with India
2 years, 1 month ago

Opening stance: The Hindu Editorial on the Australian parliament ratification of trade pact with India

The Hindu  

In what would be India’s first major free trade deal with a developed economy in over a decade, the first phase of a pact sealed with Australia in April this year is likely to be operationalised soon, paving easier market access for Indian services and goods. While the two countries are already part of recently formed global cliques such as …

Explained: What makes India and Australia's free-trade deal, 11 years in the making, historic
2 years, 8 months ago

Explained: What makes India and Australia's free-trade deal, 11 years in the making, historic

Firstpost  

The Australia-India Economic Cooperation and Trade Agreement will offer zero duty access to India for about 96.4 per cent of exports, among other benefits. Both governments opine that this deal will boost bilateral trade to $45-50 billion over five years After 11 years, India and Australia have signed a historic trade deal — the Australia-India Economic Cooperation and Trade Agreement. …

The India-Australia trade agreement
2 years, 8 months ago

The India-Australia trade agreement

The Hindu  

The story so far: On April 2, India and Australia signed an Economic Cooperation and Trade Agreement. The landmark bilateral trade pact is the second trade agreement India has signed this year after inking a similar deal with the United Arab Emirates in February. The Indian side said Australia will provide ‘preferential access’ to “all the labour-intensive sectors” of export …

India, Australia Sign Landmark Free-Trade Deal, 1 Million Jobs to be Created. Details Here
2 years, 8 months ago

India, Australia Sign Landmark Free-Trade Deal, 1 Million Jobs to be Created. Details Here

News 18  

India and Australia on Saturday inked the India-Australia Economic Cooperation and Trade Agreement in a virtual ceremony attended by Prime Minister Narendra Modi, his Australian counterpart Scott Morrison, commerce minister Piyush Goyal and his counterpart Dan Tehan. @DanTehanWannon @PiyushGoyal #dosti pic.twitter.com/KktgqAm9ZN— Barry O’Farrell AO April 2, 2022 Speaking on the occasion, Australia Prime Minister Scott Morrison said that the trade …

'Historic' trade agreement with India signed after decade of negotiations
2 years, 8 months ago

'Historic' trade agreement with India signed after decade of negotiations

ABC  

Australia and India have signed a major interim free-trade deal hailed as a significant step in diversifying export markets and reducing Australia's economic dependence on China. Key points: The deal was signed by Trade Minister Dan Tehan and his Indian counterpart It cuts tariffs on things like sheep goods, coal, lobsters and rare earths Missing from the agreement are major …

Australian lobsters back on the menu as Chinese 'grey trade' fires up again
3 years, 6 months ago

Australian lobsters back on the menu as Chinese 'grey trade' fires up again

ABC  

Australian lobster fishermen shut out of mainland China appear to be selling millions of dollars' worth of crayfish to the once-booming market via unofficial "grey channels", trade experts say. Key points: More than 300 tonnes of western rock lobster were sold in Hong Kong in March Lobster fishermen were hit with unofficial trade sanctions by China in November Experts say …

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