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24 Jan, 2025
Arunachal eyes GI tag for Bagra Pineapple to boost global reach.
Deputy Chief Minister Chowna Mein has underscored the importance of obtaining Geographical Indication (GI) registration for products like the Bagra Pineapple. He emphasised that GI tagging would safeguard the product's unique identity and enhance its promotion in both national and international markets.
Source:
assamtribune.com
24 Jan, 2025
India-Sierra Leone Trade Conference calls for strengthening bilateral ties.
The India-Sierra Leone Trade Conference here has underscored India’s expanding role in Sierra Leone’s economy with bilateral trade reaching $139.86 million in 2019-20, witnessing a 13 per cent growth. The conference hosted by India-Africa Trade Council noted that India ranked among Sierra Leone’s top five trading partners with key exports include pharmaceuticals, plastics, non-basmati rice, and industrial machinery.
Source:
thehindubusinessline.com
24 Jan, 2025
Trump administration's stance may open doors for bilateral FTA with India.
India is encouraged by the shift in the stance of the United States (US) administration under President Donald Trump to engage with countries in negotiating bilateral free-trade agreements (FTAs) for greater market access.
Source:
business-standard.com
24 Jan, 2025
India set to raise farm budget by over 15%, biggest increase in six years.
India plans to increase spending for the agriculture sector by about 15% to around $20 billion in next month's budget, two government sources said, marking the biggest increase in six years, as it tries to boost rural incomes and curb inflation.
Source:
economictimes.indiatimes.com
24 Jan, 2025
No talks with Pakistan on trade resumption: EAM Jaishankar.
External Affairs Minister S. Jaishankar stated on Wednesday that there have been no discussions with Pakistan regarding the resumption of trade with India. Addressing a question during a news conference, he said, 'After last year, there have been no talks on trade with Pakistan, nor has there been any initiative from their side.'
Source:
financialexpress.com
24 Jan, 2025
Significant progress in talks on India-EU free trade agreement.
There is a significant progress in the negotiations for the proposed free trade agreement (FTA) between India and European Union (EU), an official said on Thursday. Commerce and industry minister Piyush Goyal was in Brussels last week to meet European commissioner for trade Maros Sefcovic to take stock of the progress of the negotiations.
Source:
economictimes.indiatimes.com
23 Jan, 2025
ISMA welcomes Govt approval for sugar exports.
The Indian Sugar & Bio-Energy Manufacturers Association (ISMA), welcomes Government of India decision to approve the export of one million metric tonnes of sugar this season and extends its sincere gratitude to Prime Minister Narendra Modi, Home Minister Amit Shah, Union Minister of Consumer Affairs, Food & Public Distribution Pralhad Joshi, and Minister of Road Transport & Highways Nitin Gadkari for their visionary leadership and consistent support for the sector.
Source:
fnbnews.com
23 Jan, 2025
India examining US trade memo; directive on bilateral trade deal positive: Sources.
India is examining the Trump's memorandum - America First Trade Policy - to assess its impact on the bilateral trade with the US, which is its largest trading partner, sources said on Wednesday. They also said that the White House directive to the United States Trade Representative (USTR) to identify countries with which the US can negotiate agreements on a bilateral or sector-specific basis is a positive development for countries like India.
Source:
economictimes.indiatimes.com
23 Jan, 2025
India International Horti Expo to take place from March 20-22.
The 3-day exhibition is being organized with a focus on Greenhouse Technology, Plastic Film, Tunnels, Planting, Cultivating and Harvesting Equipment, Irrigation & Drainage, Water Management, Crop Protection and Disease Management, Soil, Substrates, Fertilizers, Vertical Farming, Fruits and Vegetables Processing Technology, Genetics, Breeding and Seed Improvement, Post harvest Technology (Monitoring, Sorting, Storage, Packaging, Transport), Landscape industry and Nursery business.
Source:
hortidaily.com
23 Jan, 2025
EU and India forge ahead on strategic Partnership with focus on trade, investment and sustainability.
Building on the relaunch of negotiations in 2022 for a Free Trade Agreement (FTA), the partnership reflects mutual ambitions to enhance economic ties and address shared global challenges. The EU-India trade relationship is already significant, with the EU ranking as India’s third-largest trading partner, accounting for €88 billion in goods trade in 2021 (10.8% of India’s total trade). Meanwhile, India is the EU’s 10th-largest trading partner, making up 2.1% of the bloc’s goods trade. Trade in services between the two reached €30.4 billion in 2020, further highlighting the depth of the economic relationship.
Source:
eutoday.net
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