SOPA to send five-member delegation to promote soybean export to Asian nations

Encouraged by the prospects of a good soybean crop this season, the Soybean Processors Association of India (SOPA) is sending a five-member delegation to promote export of Indian soybean meal to the Far-East and South-East Asian countries. Union Government has extended its full support to SOPA in its export promotion efforts.

The SOPA delegation will be led by its chairman Davish Jain and will be visiting five countries—Thailand, Philippines, Vietnam, Indonesia and Japan from September 18 to 28th.

According to the chairman, SOPA delegation will explore the markets in these countries and meet the prospective buyers and trade bodies of soymeal. Mr Jain also said that India has been a major exporter of soymeal to Asian countries but during the last couple of years, exports have drastically fallen due to disparity in prices. In view of the good crop prospects, SOPA sees a very good possibility of India re-entering these markets with competitive prices and an added advantage of the Indian soy meal being totally non-GM.