1.   

EGoM likely to meet soon on wheat, sugar exports

The Empowered Group of Ministers is likely to meet soon to consider a proposal from the Agriculture Ministry to allow wheat exports in the wake of bumper production. "The EGoM is expected to meet in a week or 10 days," Minister of State for Commerce and Industry Jyotiraditya Scindia said here today.

2.   

AP govt seeks export of 2.5 million tons of non-basmati rice

The Andhra Pradesh government has requested the Union Food Ministry to allow export of 2.5 million tonnes of non-basmati rice from the state. The export of non-basmati rice has been banned since April, 2008 in the wake of high food inflation.

3.   

India-Africa trade to reach $70 bn by 2015

This summer it is destination Africa for India Inc. Political leaders, industrialists and businessmen are increasingly looking to tap the resource-rich countries of the world’s second largest continent even as two-way trade between India and Africa is poised to reach $70 billion by 2015 from $46 billion at present.

4.   

UK wheat exports fall as inventories dwindle

UK wheat exports fell in March to their weakest in the 2010-11 crop year as a squeeze in supplies took hold, with shipments slow to destinations both inside and outside the European Union. The UK shipped 100,673 tonnes of wheat, less than one-quarter of the peak levels last autumn when buyers clamoured for supplies to replace those lost after drought hit Black Sea exporters.