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International-Business-Dr-R-Chandran-E-book

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AGREEMENTS OBJECTIVE OF<br />

AGREEMENT<br />

1.d. Agreement<br />

on Sanitary and<br />

Phytosanitary<br />

Measures (SPM)<br />

1.e. Agreement<br />

on Import<br />

• Same as above<br />

except that<br />

MFN rulecountries<br />

can<br />

deny import<br />

from certain<br />

region/ country<br />

due to fear of<br />

spread of<br />

pests/disease<br />

165<br />

<strong>International</strong> <strong>Business</strong>- <strong>Dr</strong>. R. <strong>Chandran</strong><br />

IMPACT ON<br />

INDIAN<br />

POLICY/ LAWS<br />

• Most of India’s<br />

standards are at<br />

par with the<br />

Intl. standards<br />

(Implementatio<br />

n to improve)<br />

BUSINESS<br />

IMPLICATIONS<br />

agreement also<br />

covers PPM<br />

(Process and<br />

Production<br />

Methods). That<br />

could be used for<br />

discrimination<br />

against Indian<br />

exports for<br />

agri/food/pharma<br />

products.<br />

• Companies<br />

exporting<br />

fresh/processed<br />

fruit/ vegetables/<br />

juices, meant<br />

dairy products<br />

etc should<br />

understand the<br />

Mandatory<br />

Standards. They<br />

should follow the<br />

developments<br />

taking place at<br />

various Intl.<br />

Organisations as<br />

FAO, Codex<br />

Alimanatrius etc.<br />

which have<br />

serious<br />

implications for<br />

their businesses<br />

in agri, process<br />

food, and dairy<br />

products.<br />

• To ensure • System • Improved system<br />

Only for Private Circulation

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