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India disappointed over slow progress in WTO Doha talks

Expressing disappointment over the slow progress in the Doha Round of talks for opening global trade, India Sunday said the WTO members have again missed the opportunity to conclude the deal this year. Leaders of the world's most influential countries, including the US and the European Union, Brazil and India had agreed for concluding WTO talks for a multi-lateral agreement in 2011. "Earlier this year, there .....

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India: 100 KMT of wheat contracted for export

Private trading companies of India have already signed export contracts for 100 KMT of wheat. The bulk of this grain will be supplied to the neighboring Bangladesh. Indian wheat prices are competitive now, being within a range of $275-300/MT FOB. Russian wheat prices settled around $290/MT and Australian wheat around $310/MT. In addition, Indian wheat is distinguished by a high protein content that may become an .....

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India: Onion exporters call for reduction in MEP

Onion exporters and cultivators are not satisfied with the Union government's gesture of lifting ban on export. They feel the Indian onion does not have a great demand in the global market because the minimum export price fixed by the Centre ($475 per tonne) is higher than the current global prices. Experts say the Indian onion, which is largely produced in Maharashtra, is popular in the global market because of its .....

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Cheaper Indian rice to harm local exports:Pakistan

Pakistani rice specially the non-basmati has started facing stiff competition in the international market after devaluation of Indian currency causing reduction in price of its rice. The Indian non-basmati rice is now being sold at a lower price by 4 to 5 percent as compared to the products exported by Pakistan, Thailand and others in the international market, sources in the Rice Exporters Association of Pakistan (REAP) told .....