Don’t Trade India’s Dairy for a Deal with the U.S
Today I was invited to a panel discussion on the India-US Trade Deal, organised by Bharat Krishak Samaj. The session was opened by Ajay Vir Jakhar, who, referring to the pre-decided title of the program, jokingly asked, “What should we call this program now—India-US No Deal?” The hall erupted in laughter, instantly setting the tone…
India–US Dairy Trade Faces Tariff Jolt Amid Larger FTA Talks
India is preparing for a potential escalation in U.S. tariffs following disagreements around key sectors in ongoing FTA discussions. Among the sectors at risk, dairy trade is expected to face turbulence as the U.S. seeks lower tariff access for its cheese and dairy products. Currently, India protects its dairy industry with tariffs over 30%, guarding…
India Calls Out Western Double Standards in Dairy Trade
As global tariff tensions escalate, particularly around agriculture and dairy, India has strongly criticized what it sees as the West’s double standards in trade policy. A recent opinion piece in The Hindu Business Line argues that while Western economies demand liberalization and open access to Indian markets, they themselves continue to heavily subsidize their own…
Dairy prices weakened ,milk production expanded but dairy trade contracted globally in 2023
International Dairy Prices In 2023, the FAO Dairy Price Index averaged 123.7, down 17.3% from 2022. Weakness persisted from January to September due to reduced imports by major buyers like China for whole milk powder (WMP) amid high stocks and weakened demand from the HRI sector post-COVID. Increased milk production in China and weakened consumer…
China to import milk, dairy products from Pakistan
The Chinese government’s decision to allow the import of milk and dairy products from Pakistan marks a significant milestone in bilateral trade relations between the two countries and has potential to create a new avenue for economic cooperation, Ghulam Qadir Commercial Counsellor at Pakistan Embassy said. As China continues to diversify its import sources, the…