Despite record production and ample stocks, the Philippines is expected to import a record volume of rice in the 2024-2025 crop year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.

India along with three other nations are opposing the China-led plurilateral Investment Facilitation for Development (IFD) agreement which seeks to put in place a pre-investment review or appeal system through an independent body to screen all investments.

During the India-Norway Business Forum in Mumbai, Norway reaffirmed its commitment to the India-EFTA TEPA, a free trade pact to strengthen economic ties. Signed on 10 March this year, the agreement awaits ratification by EFTA’s four member countries to become operational. Norway’s ambassador to India, May-Elin Stener, termed TEPA a significant milestone and outlined its potential to elevate bilateral trade and investment, focusing on sectors like renewable energy, maritime industries, and sustainability.

India and the European Union on Tuesday agreed to hold the first-ever ministerial strategic foreign policy dialogue soon to jointly navigate an array of critical challenges including geo-political tensions and Chinese belligerence in the Indo-Pacific and beyond.

A hundred tonnes of Atap rice were imported from India through the Banglabandha land port yesterday (08 December), for the second time this year, in Panchagarh. Four trucks of rice reached the country's port from noon to afternoon yesterday, Sunday.

Norway on Sunday said that it plans to ratify the India-EFTA free trade agreement next year, the commerce and industry ministry said. India and the four-nation EFTA (European Free Trade Association) bloc inked the agreement, officially dubbed as Trade and Economic Partnership Agreement (TEPA), on March 10 this year. However, it needs ratification from the four countries for its implementation.

India and the European Union are looking to bridge their differences on issues pertaining to rules of origin and government procurement in the next round of the bilateral free trade agreement (FTA) talks likely to be scheduled in March in Brussels.

India and Australia have 'outlined a path forward for the early conclusion' of their Comprehensive Economic Cooperation Agreement (CECA), the government said Monday.

The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) was approved by Union Cabinet on March 31, 2021, with a budget of Rs 10,900 crore, to be implemented from 2021-22 to 2026-27, and 171 applicants have been enrolled under the scheme. The beneficiary selection process under PLISFPI was conducted as a one-time exercise, preceded by active stakeholder engagement and extensive publicity to ensure broad participation.