The second meeting of India-Cambodia Joint Working Group on Trade & Investment (JWGTI) was hosted by India in Vanijya Bhawan, New Delhi yesterday. The meeting was co-chaired by Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Siddharth Mahajan and Director General for International Trade, Ministry of Commerce, Kingdom of Cambodia, Mr. Long Kemvichet. The representatives of stakeholder Ministries also participated in the meeting.
India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by sea and rail links through the Middle East.
In line with ongoing efforts to modernize and streamline foreign trade procedures the Directorate General of Foreign Trade (DGFT) has decided that ad-hoc Input Output Norms will be determined through a rule-based, system-driven process, with the aim of improving the ease of doing business for exporters while reducing time and effort for both DGFT and concerned exporters.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2024-25.
India is set to import avocados from Brazil for the first time, aiming to address the high prices of the fruit in the domestic market, which range from Rs.100 to Rs.2,000 per kilogram depending on the variety. This move is part of a broader agriculture deal being negotiated between the two countries.
According to the latest report from Food and Agriculture Organization of the United Nations (FAO), supplies of the world's major food commodities are expected to be sufficient for 2024–2025. However, a number of factors, including extreme weather events, geopolitical tensions, and abrupt policy shifts, could disrupt this balance and impact prices and global food security.
The FSSAl has extended the date of filing of Annual Returns until June 30. The food authority has decided to extend the last date after encountering 'technical issues' in the Food Safety Compliance System (FoSCoS).
