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15 Oct, 2024 News Image Commerce minister says trade between Europe and India can grow exponentially, highlights Free Trade Agreement.

Union Minister for Commerce and Industry Piyush Goyal recently stated that two way trade between Europe and India can grow exponentially if both sides understand each other's concern and cooperate meaningfully. He was speaking at the launch of the Federation of European Business in India (FEBI) in New Delhi. 


 Source:  business-standard.com
14 Oct, 2024 News Image FEBI to push FTA negotiations between India and Europe, says German Ambassador Philipp Ackermann.

Philip Ackermann, the German Ambassador to India, expressed his happiness over the launch of the Federation of European Business in India (FEBI) in Delhi adding the organisation will push the free trade agreement (FTA) negotiations between India and Europe.


 Source:  economictimes.indiatimes.com
14 Oct, 2024 News Image PM Gati Shakti: Transforming India's Infrastructure and Connectivity.
On the 75th Independence Day, Prime Minister Narendra Modi announced the ‘PM Gati Shakti’ initiative during his address to the nation from the ramparts of the Red Fort. The National Master Plan for Multi-modal Connectivity, launched on October 13, 2021, is set to celebrate its third anniversary this Sunday. This digital platform is designed to bring various Ministries, including Railways and Roadways, to ensure integrated planning and coordinated execution of infrastructure projects. 
 

 Source:  pib.gov.in
14 Oct, 2024 News Image PHL rice import forecast raised to 4.9 MMT in 2025.
THE US Department of Agriculture (USDA) has raised its Philippine rice import forecast to 4.9 million metric tons (MMT) for 2025.
In the Grain: World Markets and Trade Report issued Oct. 11, the USDA’s new forecast represents a 300,000 MMT from the September estimate.

 Source:  bworldonline.com
14 Oct, 2024 News Image Global rice imports seen rising by USDA.
GLOBAL rice imports are projected to increase following India's trade policy changes, the United States Department of Agriculture (USDA) said.
The Indian government has lifted a 14-month export ban on non-basmati white rice, removed the minimum export price on basmati rice and reduced tariffs to 10 percent on paddy, brown, and parboiled exports.

 Source:  manilatimes.net
14 Oct, 2024 News Image India Has $117 Bn Export Potential With 30 Participant Nations.
India stands poised to unlock an estimated USD 117 billion in untapped export potential as the upcoming World Trade Expo 2024 spotlights trade and investment opportunities across 30 countries and regions.
The flagship event organised by the World Trade Center Mumbai and the All India Association of Industries (AIAI), is set to take place from October 17-18, at the Arcade, Expo Center, WTC Mumbai.

 Source:  businessworld.in
14 Oct, 2024 News Image Department of Commerce hosts Industry Interaction Meet in Uttarakhand; Encouraging Export Growth and Global Competitiveness.
To broad base exports from India, the Department of Commerce, Government of India, hosted an Industry Interaction Meet in Dehradun on 09 October 2024. Commerce Secretary, Shri Sunil Barthwal, was the Chief Guest for the event. This Industry Interaction Meet aimed to facilitate a constructive dialogue between officers of the Government of India, Government of Uttarakhand, key industry leaders, policymakers to unlock and expand the export potential and competitiveness of Uttarakhand across multiple sectors.
 

 Source:  pib.gov.in
14 Oct, 2024 News Image 12th meeting of India-UAE High Level Joint Task Force on investments.

The 12th Meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI), took place in Mumbai. It was co-chaired by Piyush Goyal, Minister of Commerce & Industry, Government of India and Hamed bin Zayed Al Nahyan, managing director of Abu Dhabi Investment Authority (ADIA).


 Source:  fnbnews.com
14 Oct, 2024 News Image India-EU way trade can grow exponentially with mutual understanding and cooperation: Shri Piyush Goyal, Commerce and Industry Minister.

Union Minister for Commerce and Industry Shri Piyush Goyal said that two way trade between Europe and India can grow exponentially if both sides understand each other's concern and cooperate meaningfully. He was speaking at the launch of the Federation of European Business in India (FEBI) in New Delhi today. Speaking of the India-European Union (EU) partnership, Shri Goyal added that respect for democracy and rule of law and similarity of views on fair trade will help our trade to grow exponentially.


 Source:  pib.gov.in
14 Oct, 2024 News Image PM Modi, Thai counterpart talk trade and cultural connections at ASEAN.
Prime Minister Narendra Modi on Friday met his Thai counterpart Paetongtarn Shinawatra and discussed ways to improve trade ties and boost cultural linkages between the two nations.
Prime Minister Modi is in Laos on a two-day visit to attend the ASEAN-India and East Asia summits.

 Source:  business-standard.com