India will soon start negotiations for concluding a free trade agreement (FTA) with Russia-led Eurasian Economic Union (EAEU) that will give the country a smooth access to markets of five resource-rich post-Soviet states.
India is planning to export 14,000 tonnes of non-basmati rice to Mauritius, and 7,500 tonnes of onions to Qatar through National Cooperative Exports Ltd. (NCEL), after the ministry of external affairs (MEA) requested for some relaxation in the export ban, a senior official said.
India’s poultry exports touched a record $184.58 million (Rs.1,530 crore) during the 2023-24 financial year on demand for products such as eggs and egg powder from countries such as Oman and Sri Lanka. During 2022-23, India’s poultry exports stood at $134.04 million (Rs.1,081 crore).
The Agricultural and Processed Food Products Export Development Authority (APEDA) and the Directorate of Horticulture with support from Palladium as the technical support unit (TSU) of the Promotion and Stabilization of Farmer Producer Organizations (PSFPO) project joined forces to redefine the market linkage of Farmer Producer Organizations (FPOs) in Odisha.
India's rise in trade with Russia should not be seen as a 'temporary phenomenon' as more economic opportunities are emerging, India's foreign minister S Jaishankar said on Friday.
Amid a significant appreciation of the US dollar and the imposition of export duties by India, traders in Bangladesh have shown reluctance to import onions.