The negotiating team from Association of Southeast Asian Nations (ASEAN) will be in New Delhi from November 19-22 for the next round of negotiations on the review of Asean India Trade in Goods Agreement (AITIGA) as both try to complete the process by 2025.
Agriculture is the 'most problematic' area in talks to secure a free trade deal between India and the European Union, German Economy Minister Robert Habeck said on Thursday, suggesting that it would be better to focus on the industrial sector first.
BRICS nations on Wednesday agreed to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and depositary infrastructure, and a BRICS reinsurance company. The leaders also agreed to jointly develop the New Development Bank into a new type of multilateral development bank (MDB) in the 21st century and supported further expansion of the BRICS-led bank's membership.
The Indian government on Wednesday removed all curbs on rice exports that have been in force since September 2022. However, it has retained the ban on exports of broken rice.
Assam’s Minister for Agriculture, Horticulture Atul Bora said that with supportive policies, Assam has achieved an 85% increase in exports over the last six years, underscoring the potential of export-oriented farming.
Rajasthan will organise an agriculture pre-summit on October 24 as part of Rising Rajasthan in a bid to attract investments in the agri and food processing sector that contributes nearly 27 per cent to the state’s gross domestic product.
India will retain investment curbs on bordering nations, the finance minister said, days after it struck a pact with China on patrols along their disputed Himalayan frontier, with the leaders of both countries expected to meet on Wednesday.
Indonesian state purchasing agency Bulog has told traders that Indian supplies can be offered in its new international tender to buy 340,000 metric tons of rice and the offer deadline is postponed by one day, European traders said on Tuesday.
Major ports, owned by the central government, registered a 6 per cent growth in cargo in September at 65 million metric tonnes (mmt), primarily driven by crude oil cargo shipments and an increase in miscellaneous commodities.
German Economy Minister Robert Habeck laid out plans to remedy weak growth in Europe’s largest economy on Wednesday by starting a fund to stimulate investment and changing course on Germany’s budget policy.