New Zealand, Australia, News August 2022, Trade/Markets/Prices

Thai promise for Australian potatoes

Australia’s potato industry has welcomed to two key commitments realised under the Thailand-Australia Free Trade Agreement (TAFTA), which are set to improve access to the Thai market, as Liam O’Callaghan reports for Fruitnet/Asiafruit

David Littleproud, Australia’s agriculture minister, announced that Thailand has now implemented zero tariffs and removed tariff rate quotas that limited the volume of Australian seed and processing potatoes that could access the lower TAFTA tariff.

As a result, Australian seed and processing potato exports to Thailand are no longer subject to tariffs or limits on volume. Michael Coote, national manager – export development of Ausveg, said Australian potato growers stand to benefit from the increasing of trade into Thailand following the removal of tariff volumes and rates.

“Australian potato growers are in a strong position to take advantage of opportunities in Thailand, which is becoming an increasingly important export market for Australian vegetable and potato growers,” said Coote.

Source: Fruitnet/Asiafruit. Read the full story here
Photo: Credit Fruitnet/Asiafruit

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