Wine sparkles in French food exports to India

12th March 2007, Comments 0 comments

NEW DELHI, March 11, 2007 (AFP) - Wine topped French exports of food products to India despite duties in excess of 500 percent which have drawn flak from the European Union and the United States, the Press Trust of India reported Sunday.

NEW DELHI, March 11, 2007 (AFP) - Wine topped French exports of food products to India despite duties in excess of 500 percent which have drawn flak from the European Union and the United States, the Press Trust of India reported Sunday.

Food product exports from France to India jumped more than seven-fold to 67 million euros last year, from 8.2 million euros the previous year, French Minister for Agriculture and Food Nicolas Forissier told the news agency.

In the same period, France's wine exports to India rose 35 percent and accounted for the most in terms of value among the food products shipped to India, the visiting minister said without disclosing figures.

European producers have complained they face customs duties on wine and spirits which range from 177 percent to as high as 540 percent, depending on the import price.

In December, the EU took India to the World Trade Organisation over duties and distribution methods which were blocking European access to its wines and spirits market.

Forissier, however, said France hoped to further boost trade and investments in India.

"I am here to facilitate the setting up of French food processing small and medium enterprises in India," he said, adding Paris was working on long-term strategies to boost commerce between the two countries.

Copyright AFP

Subject: French news

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