Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
India agri-based sector to get opportunities amid EU's deforestation norms.
Aug 01, 2023
The European Union's (EU) stringent deforestation regulation would provide new opportunities for domestic agro-based industry players, as against their global competitors, as forest cover in India is increasing significantly, an official said.
While several countries in Latin America and Africa have cleared their forests for agricultural purposes, India's forest cover is increasing and there is no practice here in the country to cut forest for agri activities.
The government official said these regulations provide an opportunity for 'our industry because our forest cover has increased, our reserve forest is strong and it is increasing.
'Our forest land is different from agri land. We can demonstrate these facts to the EU and converge to some kind of understanding on this regulation'.
According to a report by think tank Global Trade Research Initiative (GTRI), India's exports of products like coffee, leather hides and paperboard worth USD 1.3 billion annually to the European Union will get impacted due to the deforestation regulation adopted by the EU.
Within three weeks of introducing the carbon border tax, the EU Council on May 16, adopted the European Union Deforestation-Free Products Regulation (EU-DR).
The report has also stated that the EU-DR appears to prioritise protecting its own agricultural sector and promoting exports, making imports more difficult, as it is a trade barrier disguised as a green measure.
The regulation covers cattle, buffalo, the meat of bovine animals, preparations, oil cake, soya beans, palm oil, cocoa bean, powder, chocolate, coffee, leather hide, skin, paper, paperboard, wood, wood articles, wood pulp, boards and wood furniture.
According to a trade expert, as the country's forest cover continues to witness an encouraging upward trend, Indian agricultural producers find themselves in a favourable position to cater to the EU's sustainable demands without resorting to forest clearance for agricultural purposes.
As per the India State of Forest Report (ISFR) 2021, India's forest and tree cover has risen by 2,261 square kilometres in the last two years with Andhra Pradesh growing the maximum forest cover of 647 square kilometres.
According to the report, India's total forest and tree cover is now spread across 80.9 million hectares, which is 24.62 per cent of the geographical area of the country.
Indian officials are continuously engaged with the EU on these issues, including CBAM (carbon border adjustment mechanism) on different platforms.
'However, one thing is clear that this is a new way of doing business and we have to conform to this. You can not just fight or sit outside as it will not help our industry,' the official, who did not wish to be named, said.
The expert said that India has limited options to counter these measures as they are for all countries which trade with the EU and not against India.
Taking the matter to the WTO dispute settlement mechanism too would not help more, because the mechanism is kind of defunct at present and imposing similar tariffs on EU products may also hurt Indian industry, the expert added.
India has to engage with the EU as it would not be possible to stop doing business with them.
EU measures are showing that they want to reduce their dependency on China and develop technologies and future-ready industry.
'It looks like some re-alignment is going on in the EU. So we have to see how we can participate in that re-alignment,' the official added.
As per the deforestation regulation, Indian exporters have to ensure that these products have been grown on land, which has not been deforested after December 31, 2020.
The new rules will apply to large firms after 18 months and small firms after 24 months. Thus, the timeline for large firms is December 2024 and for small firms is June 2025.
For the products covered under the carbon tax and EU-DR, the EU's share in India's global exports is 23.6 per cent.
The EU claims it wants to reduce its contribution to global deforestation by promoting 'deforestation-free' products, but this is seen as a deceptive narrative, the GTRI report has said.
'India has a functioning blockchain-enabled trace and track system being implemented by the Agricultural & Processed Food Products Export Development Authority (APEDA) for grape exports to the EU and other regions.
'It needs to be adopted for all covered products, and make exporters aware of the compliance requirement,' GTRI co-founder Ajay Srivastava has said.
business-standard.com
Archive