03 Jan, 2025 News Image No legal right to demand reasons for excluding feedback in FTP: DGFT.
The government on Thursday said no person has any legal right to seek reasons for their suggestions, views, or feedback not being included in the Foreign Trade Policy (FTP). The Directorate General of Foreign Trade (DGFT) in a notification also said that the government may seek views of the industry stakeholders for the FTP but it reserves the right to suo moto formulate, amend or incorporate any specific provisions in the policy, without seeking views, suggestions, comments, or feedback from stakeholders.
 

 Source:  economictimes.indiatimes.com
03 Jan, 2025 News Image APEDA Releases New Standards For Organic Agri & Processed Food.
India's Agricultural and Processed Food Products Export Development Authority (APEDA) is set to release the eighth edition of the National Programme for Organic Production (NPOP) regulations on January 9, marking a significant update to the country's primary organic regulatory framework.
 

 Source:  knnindia.co.in
03 Jan, 2025 News Image India targets Russia for banana exports, aims for $1 billion milestone through sea routes.

India is focusing on enhancing its banana exports to Russia, following successful trial shipments to countries like the Netherlands via sea route, as stated by an official. The nation aims to achieve a $1 billion target in banana exports in the foreseeable future. Currently, the export of fruits including bananas predominantly occurs through air due to lower volumes and varied ripening periods. To boost volumes, India is formulating sea protocols for fresh produce such as bananas, mangoes, pomegranates, and jackfruit, aiming to facilitate their exportation through maritime channels.


 Source:  freshplaza.com
03 Jan, 2025 News Image India-EFTA trade pact likely to be implemented before end of 2025: Piyush Goyal.
The implementation process of free trade agreement (FTA) between India and the four-nation European bloc EFTA is progressing fast and is expected to come into force before the end of this year, Commerce and Industry Minister Piyush Goyal said. The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. Under the pact, India has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties.
 

 Source:  economictimes.indiatimes.com
03 Jan, 2025 News Image Nashik collector eyes faster grape imports for checks.
District collector of Nashik, Jalaj Sharma, has said that he would write to the Union agriculture ministry to hasten imports of international grape varieties to Nashik, a move that will help farmers in the region better assess their competition from around the world.
Sharma said a quicker import process will help local farmers bridge the gap, if any, between what they produce and what's being consumed internationally. He also said this would lead to better earnings among Nashik's grape growers.
 

 Source:  timesofindia.indiatimes.com
03 Jan, 2025 News Image Indian rice lowest offer in Bangladesh tender for 50,000 T.
The lowest price offered in the tender from Bangladesh's state grains buyer to buy 50,000 metric tons of rice that closed on Monday was assessed at $477.00 a tonne CIF liner out for rice sourced from India, an official in Bangladesh and European traders said.
 

 Source:  economictimes.indiatimes.com
02 Jan, 2025 News Image EIC has evolved as a key facilitator of India s export trade and quality standards compliance.

The Export Inspection Council of India (EIC), which came into being on 1st January, 1964, is a statutory body tasked with advising the government on quality control, pre-shipment inspection standards, and other related matters. Since its inception, the EIC has evolved to a key facilitator of India's export trade apart from the regulatory responsibility, enabling exporters to meet the stringent quality demands of international markets.


 Source:  pib.gov.in
02 Jan, 2025 News Image Agriculture sector to grow 3.5-4% in FY25: Minister Shivraj Singh Chouhan.

Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said that the country's agriculture and allied sector is expected to grow at 3.5-4 per cent in 2024-25 marking a significant improvement from the 1.4 per cent rise recorded in FY24.


 Source:  deccanherald.com
02 Jan, 2025 News Image Indian Cabinet nod for 1 Million Tonnes white rice export to IndonesiaL, says Shivraj Singh Chouhan.
The Indian Cabinet on Wednesday approved a plan to export of 1 million tonnes of non-basmati white rice to Indonesia through the National Cooperative Export Ltd (NCEL).
Announcing the decision, Union Agriculture Minister Shivaraj Singh Chouhan said an agreement will be signed by the Indonesian government’s agency Bulog with India’s notified canalising agency NCEL.

 Source:  thehindubusinessline.com
02 Jan, 2025 News Image India aims to double organic food exports to $1 bln.

India aims to cross $1 billion of organic product exports next year and the country is exploring Mutual Recognition Agreements (MRAs) in sensitive exports like fisheries which face higher rejections, an official said Wednesday.


 Source:  economictimes.indiatimes.com