India and Australia have reached an interim outcome in free trade agreement negotiations that will reduce tariffs on Australian citrus exports by 50%. When enacted, the interim agreement will allow the entry of 13,700 tons of Australian citrus into India at a reduced tariff of 15%. The agreement coincides with a renewed effort by Citrus Australia to increase exports to the subcontinent.
The citrus industry is one of the largest exporters of fresh fruit in Australia. As much as $540 million of fresh Australian citrus is exported each year. Citrus Australia believes the subcontinent, including India, is a potentially significant growth area for Australian citrus exports.
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