Reviewed progress of India-Chile CEPA talks, discussed ways to deepen partnership: Piyush Goyal.
Union Commerce and Industry Minister Piyush Goyal on Tuesday said India and Chile reviewed the progress of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) and discussed ways to further strengthen bilateral trade, investment and strategic cooperation between the two countries. In a post on social media platform X, Goyal said he held discussions over breakfast with Chile’s Foreign Minister Francisco Perez Mackenna and members of the Chilean delegation.
Source: thehansindia.com
'India set to achieve all-time high export of USD 863 billion in 2026': Commerce Minister Goyal.
Union Minister of Commerce and Industry Piyush Goyal on Tuesday said India is set to achieve an all-time high export figure of nearly USD 863 billion this year, while referring to the country’s export performance. Addressing the Confederation of Indian Industry (CII) Annual Summit in New Delhi, Goyal said India remains the fastest-growing large economy and highlighted that the country has nearly 11 months of import cover in foreign exchange reserves.
Source: tribuneindia.com
Indian food irradiation sector struggles to scale beyond mango exports.
India produced around 22.8 million metric tons of mangoes in FY2024-25, but exports only around 30,000 MT annually. The country is also the world's largest producer of spices and the second-largest producer of fruits and vegetables. However, 30 to 40 per cent of production is lost between harvest and consumption.
Source: freshplaza.com
India’s new FTAs offer investment opportunities, but utilisation remains weak: Commerce Secretary.
Industries need to utilise and leverage the free trade agreements (FTAs) that India is finalising, as these pacts offer trade and investment opportunities, said Rajesh Agrawal, commerce secretary, on Monday. The secretary said that the country's track record in FTA utilisation is 'not great'.
Source: economictimes.indiatimes.com
PM Modi to hold talks with UAE, Dutch, Swedish, Norwegian and Italian leadership in major tour from May 15–20.
Prime Minister Narendra Modi is set to embark on a multi-nation official visit from May 15 to 20, 2026, covering the United Arab Emirates, the Netherlands, Sweden, Norway and Italy, with a strong focus on strengthening trade, energy cooperation and strategic partnerships with Europe and West Asia. According to the Ministry of External Affairs (MEA), the visit will begin in the United Arab Emirates, where Narendra Modi will meet UAE President Mohamed bin Zayed Al Nahyan on May 15, 2026. Both leaders are expected to review bilateral ties with a particular emphasis on energy cooperation, alongside regional and global developments of mutual interest.
Source: economictimes.indiatimes.com
US team expected to visit India for next round of trade talks, says official.
India expects the US team to visit the country for the next round of trade talks, though no dates have been finalised yet, an official said on Monday. The Indian side visited Washington, DC, in April for an in-person round of meetings with their US counterparts to finalise the details of the interim agreement and take forward the negotiations under the broader bilateral trade agreement (BTA).
Source: economictimes.indiatimes.com
India, Peru likely to hold talks on free trade pact in June, diplomat says.
India and Peru will probably hold the next round of talks on a proposed free trade pact next month, a senior Peruvian diplomat told Reuters, adding that a deal could be signed by the end of the year. 'In principle, in June we are going to resume the negotiations,' Javier Paulinich, Peru's ambassador to India, said.
Source: economictimes.indiatimes.com
India aims to integrate farming with health, launches SEHAT mission.
Agriculture Minister Shivraj Singh Chouhan and Health Minister JP Nadda on Monday jointly launched a national mission, Science Excellence for Health Through Agricultural Transformation, acronymed as SEHAT (or health), that aimed at building an integrated farming system to improve human health with a focus on traditional knowledge. The mission will not have any separate funding as both the implementing agencies — Indian Council of Agricultural Research (ICAR) and Indian Council of Medical Research (ICMR) — will jointly bear the expenses. But Chouhan said that funding would not be a constraint to achieving the goal.
Source: thehindubusinessline.com
APOA welcomes Sri Lanka’s move to lift ban on oil palm cultivation.
The Asian Palm Oil Alliance (APOA) has welcomed the recent developments in Sri Lanka indicating that the Sri Lankan government is moving towards lifting the ban on oil palm cultivation, subject to final approvals and sustainability safeguards. A media statement said APOA considers this a positive and pragmatic step towards strengthening edible oil security, supporting rural livelihoods, reducing import dependence, and promoting science-based sustainable agriculture in Asia.
Source: thehindubusinessline.com
Chhattisgarh goes all out to woo investors in food processing sector.
With abundant production of crops, forest produce and livestock products, Chhattisgarh is going all out to woo investors in the food processing sector. A statement from the central Indian State said that there is a huge gap between what is produced and processed in agriculture. Chhattisgarh is well-placed to fill the gap as it sees an opportunity in this.
Source: thehindubusinessline.com