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14 Jul, 2025 News Image APFPS to launch incubation centre developed in association with MoFPI.
The Andhra Pradesh Food Processing Society will launch a Common Incubation Centre (CIC) at Tirupati IIT on July 13. The state-of-the-art CIC has been developed in association with the Ministry of Food Processing Industries (MoFPI) under the PM Formalisation of the Micro Food Processing Enterprises (PMFME) scheme.
 Source:  fnbnews.com
14 Jul, 2025 News Image India’s Banana Exports Surge Tenfold to $250.6 Million, Yet Global Share Remains Just 1.2%.
India’s banana exports have grown remarkably—from USD 25 million in 2010 to USD 250.6 million in 2023, according to APEDA. Despite this tenfold growth, India still lags behind in the global banana trade, accounting for only 1.2% of total global exports, despite being the largest producer. This underperformance is rooted in fragmented farms, lack of cold chain infrastructure, and heavy reliance on air freight. Most competing countries, such as Ecuador and the Philippines, export via cost-effective sea routes, giving them a distinct price and volume advantage.
 Source:  krishijagran.com
14 Jul, 2025 News Image California walnuts will gain boost from India tariff cut.
Nick Papagni of AgNet West discussed the walnut outlook with Michael Jameson of Morada Nut Company, noting shifts in crop projections and trade dynamics. Jameson remarked, 'This year's crop is estimated at 650,000 to 700,000 tons, which is ideal for California. Last year, prices were up, but yields were down. This year, we're hoping for strong yields and solid prices, which could finally deliver real profits to growers.'
 Source:  freshplaza.com
14 Jul, 2025 News Image 'Sky is not the limit': Morocco Ambassador highlights expanding India ties across trade, defence and terrorism.
Morocco's Ambassador to India, Mohamed Maliki, underscored the expanding scope of India-Morocco relations during a wide-ranging interaction in the national capital. Highlighting deepening cooperation in trade, defence, investment, counter-terrorism, and beyond, he outlined key areas of collaboration and ambitious plans for the future.
 Source:  tribuneindia.com
14 Jul, 2025 News Image Trade body identifies 300 high potential items for US export.
Trade body Federation of Indian Export Organisations (Fieo) has identified over 300 'high potential items' for exports to the US, highlighting areas, where the government may want to push for tariff cuts. Overall, Fieo has identified 408 items that are commercially important and strategically stable, accounting for over two-thirds of India's exports to the US.
 Source:  timesofindia.indiatimes.com
14 Jul, 2025 News Image Tripura boosts organic farming and exports.
Tripura's organic agriculture initiative has expanded over 25,000 hectares of certified organic farmland, facilitating the export of 1,332 metric tons of various organic products, including pineapple, bird's eye chilli, ginger, turmeric, and aromatic rice, over the past three years. This development was discussed at the inaugural Organic Buyer-Seller Conference in Agartala by Agriculture and Farmers' Welfare Minister Ratan Lal Nath.
 Source:  freshplaza.com
14 Jul, 2025 News Image US, India in talks on trade deal that may cut tariff below 20%.
The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable position against its peers in the region. India doesn’t expect to receive a tariff demand letter — unlike many other nations this week — and anticipates the trade arrangement will be announced through a statement, the people said, asking not to be identified because the discussions are private. The interim deal would allow for continued talks, giving New Delhi space to resolve outstanding issues ahead of a broader agreement expected this fall, they said.
 Source:  economictimes.indiatimes.com
14 Jul, 2025 News Image India, Australia trade talks hit dairy, wine tariff hurdles as year-end deadline looms, say sources.
India has rejected Australia's push for deeper tariff cuts on dairy and alcohol, hampering efforts to conclude the second phase of a trade pact by year-end, two Indian government sources said. An interim trade pact signed in 2022 lowered tariffs on a range of goods, but negotiations on a broader Comprehensive Economic Cooperation Agreement (CECA) covering goods, services and visas have slowed, with dairy and wine emerging as key sticking points, the sources said.
 Source:  economictimes.indiatimes.com
14 Jul, 2025 News Image China, ASEAN to submit upgraded free trade deal to leaders in October, says China's foreign minister.
China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi on Saturday. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in May, seeking to cover areas such as the digital economy, green economy and supply chain connectivity.
 Source:  economictimes.indiatimes.com
14 Jul, 2025 News Image Switzerland greenlights India-EFTA mega trade pact; sets stage for October rollout.
Switzerland has finally completed the ratification process for a landmark trade deal between India and the European Free Trade Association (EFTA) that would reduce trade barriers and significantly open up the Indian market to Swiss exports. Swiss Ambassador to India Maya Tissafi described Switzerland's ratification of the trade pact as a 'significant milestone' in her country's bilateral relationship with New Delhi.
 Source:  economictimes.indiatimes.com