As demand goes up, fresh fruit importers increase warehousing and cold storage facilities
Fresh fruit importers in the country are increasing their warehousing and cold storage facilities due to a surge in Covid cases. The demand for imported fruits has increased in the country due to the surge in Covid cases and fresh fruit importers are taking no chance to keep the supply chain smooth.
Talking to ET, Tarun Arora, director of finance and operations at IG International, a leading fresh fruit importer, said, ” In the globalized economy, warehousing and logistics are crucial aspects and play a strategic role in business growth.”
“IG International is the largest importer of fresh fruit in India. Cold storages form the lifeline of our business, as fresh fruits are highly perishable. One of the greatest successes of IG has been building a robust distribution network of fresh fruit in India so that fruit growers anywhere in the world and consumers in India can benefit from one joined-up marketplace. Our strategically located cold storages are our greatest enabler in keeping intact our supply chain,” he said.
Govt secures USDA approval for export of Indian mangoes to America
India has secured approval of the United States Department of Agriculture (USDA) for the export of domestic mangoes to America in the new season, the commerce ministry said on Tuesday.
The export of Indian mangoes has been restricted by the US since 2020 as the USDA inspectors were unable to visit India for inspection of irradiation facilities due to restrictions imposed on international travel because of the COVID-19 pandemic. On November 23, 2021, the Department of Agriculture and Farmers Welfare and the USDA signed a framework agreement for implementing the “2 Vs 2” agri-market access issues.
Under the agreement, India and the US will follow a joint protocol on irradiation for India’s mango and pomegranate exports to the US and import of cherries and Alfalfa hay from America. The ministry said that a revised work plan has been worked out, including phase-wise transfer of oversight of pre clearance of Irradiation treatment to India as agreed upon between both countries. “As part of the mutual agreement, India will be able to export mangoes to the USA in the mango season commencing with the Alphonso variety of mangoes by March onwards.
India appeals WTO panel ruling on sugar subsidies
India has appealed against a ruling of the World Trade Organisation’s trade dispute settlement panel on domestic sugar subsidies, stating that the panel has committed “certain errors of law” in its report, the WTO said on Tuesday. The appeal was filed by India in the WTO’s Appellate Body, which is the final authority on such trade disputes.
“India has notified the Dispute Settlement Body of its decision to appeal the panel reports in the cases brought by Brazil, Australia and Guatemala in ‘India – Measures Concerning Sugar and Sugarcane,” the WTO said in a statement.
It said that given the ongoing lack of agreement among WTO members regarding the filling of Appellate Body vacancies, there is no Appellate Body division available at the current time to deal with the appeal.