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LATEST NEWS UPDATES | RCEP deal would hurt dairy sector heavily, says SJM

RCEP deal would hurt dairy sector heavily, says SJM

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published Published on Oct 3, 2019   modified Modified on Oct 3, 2019
-The Hindu Business Line

Import of cheaper milk and milk products would adversely hit the livelihood of 50 million milk producers

India should resist the pressure from Australia and New Zealand to include dairy sector in Regional Comprehensive Economic Partnership (RCEP) pact because import of cheaper milk and milk products would adversely hit the livelihood of 50 million milk producers in the country, Sangh Parivar-affiliated Swadesh Jagran Manch (SJM) said on Wednesday.

"This will prove to be the most suicidal step by the government of India since independence," the organisation said in a statement.

The government is contemplating to finalise RCEP, a trade block which includes China, Australia and New Zealand, apart from 10 ASEAN countries, Japan and South Korea. New Zealand and Australia are negotiating very hard with India to reduce duty on dairy products so that they can get an access to India, which is the world's largest market of dairy products, SJM said.

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The Hindu Business Line, 2 October, 2019, https://www.thehindubusinessline.com/economy/sjm-urges-modi-government-to-oppose-dairy-sector-inclusion-in-rcep/article29575133.ece?homepage=true


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