India Establishes Minimum Import Price On Coffee And Other Agricultural Products To Safeguard Domestic Farmers – CoffeeTalk

Under the newly negotiated free trade agreement (FTA) between India and the European Union (EU), India has made significant strides in partially liberalizing its agriculture sector while implementing strict measures to safeguard the interests of its farmers. The Ministry of Commerce has announced that, under the FTA, preferential market access will be granted to several selected agricultural products, including tea, coffee, spices, grapes, gherkins, cucumbers, dried onions, fresh fruits, and certain processed food items. However, the agreement notably excludes sensitive agricultural segments such as dairy, cereals, poultry, soymeal, and additional fruits and vegetables, highlighting the importance of protecting domestic agriculture. This arrangement aims to maintain domestic price stability and protect farmer incomes, ensuring that local producers remain competitive in the market.

The Commerce Secretary, Rajesh Agrawal, affirmed that the segmented pricing and different levels of imports will allow domestic growers to continue supplying products at their existing prices, while also facilitating a balanced two-way flow of products in the context of enhanced integration with global supply chains.

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