usdabuilding3-jpg-7

(NDAgConnection.com) – An agreement designed to boost bilateral trade and investment between Australia and India will make it more difficult to sell U.S. agricultural products in the Indian market.

This information comes from a May 4 report by the Foreign Agricultural Service of the U.S. Department of Agriculture.

Through its phased-in tarriff reductions, the Australia-India Economic Cooperation and Trade Agreement is expected to negatively impact exports of U.S. commodities including pulses and beans.

The agreement is expected to be approved by Australia’s and India’s parliaments with little opposition.