Jul 02, 2026
68th Mercosur Summit kicks off in Paraguay to boost trade ties, expand global partnerships. The 68th Mercosur Summit commenced in Paraguay's capital, Asuncion, coinciding with the 35th anniversary of the Treaty of Asuncion, which established the South American trade bloc in 1991. The ministerial meeting of the Common Market Council (CMC) was inaugurated on Monday by Paraguayan Foreign Minister Ruben Ramirez Lezcano, who highlighted the bloc's progress in advancing regional integration and economic cooperation. Source: tribuneindia.com |
Jul 02, 2026
India grants GI status to 12 horticultural products from Madhya Pradesh. Twelve fruit, vegetable, and horticultural products from the Indian state of Madhya Pradesh have received Geographical Indication (GI) certification. According to the state government, this is the first time that such a number of horticultural products from a single state have received GI status simultaneously. Following the announcement, Chief Minister Dr. Mohan Yadav encouraged growers to diversify into horticulture as part of the state's strategy to increase agricultural income. Madhya Pradesh currently grows horticultural crops on about 2.8 million hectares and aims to expand this area to 3 million hectares by 2030. Source: freshplaza.com |
Jul 02, 2026
Ukraine imports 107,300 tonnes of bananas and 9,800 tonnes of grapes in 2026. Ukraine imported 107,300 tonnes of bananas and plantains worth $110 million, along with 9,800 tonnes of grapes valued at $19 million, during January-May 2026, according to the State Customs Service. Ecuador remained the leading supplier of bananas and plantains, accounting for 73.1% of imports, followed by Colombia with 11.1% and Costa Rica with 8.7%. Source: freshplaza.com |
Jul 02, 2026
Washington cherries anchor India's premium market as the season progresses. India's imported cherry market remains well supplied, with Washington cherries continuing to dominate the premium retail segment while Turkish fruit largely serves more price-sensitive buyers and the catering industry. According to Arun Uttamchandani, owner of Mumbai-based importer Pushpbhuj Fresh, consistent quality and regular arrivals have kept the market balanced despite increasing volumes. 'The season has been carrying on in a promising way. We have had no issues with quality or availability, and the market is well balanced.' Source: freshplaza.com |
Jul 01, 2026
'It's in last 1 or 2%': US envoy Sergio Gor declares India-US trade pact nears finish line. Dismissing rumours of diplomatic friction, United States Ambassador to India Sergio Gor on Monday (local time) announced that the highly anticipated India-US bilateral trade agreement is on the verge of completion, with negotiators hammering out the final '1 or 2 per cent' of the legal text. Addressing delegates at the IX US-India Strategic Partnership Forum (USISPF) Leadership Summit 2026, Ambassador Gor delivered a highly optimistic assessment of the relationship, confirming that President Donald Trump remains deeply committed to a 'win-win' alignment with New Delhi. Source: economictimes.indiatimes.com |
Jul 01, 2026
DGFT extends enhanced export insurance cover for West Asia shipments till September 30. Export consignments to West Asia will continue to receive enhanced insurance cover against payment defaults until September 30, the Directorate General of Foreign Trade (DGFT) said in a notification on Monday. Earlier, the enhanced cover for exporters taking credit risk insurance from Export Credit Guarantee Corporation (ECGC) was available for shipments to West Asia sent between March 16 and June 15. Source: economictimes.indiatimes.com |
Jul 01, 2026
India-Israel, GCC FTA talks temporarily stalled due to West Asia crisis: Piyush Goyal. India's free trade agreement (FTA) negotiations with Israel and the six-nation Gulf Cooperation Council (GCC) bloc are 'temporarily stalled' but the discussions with Canada are at a 'very advanced' stage, commerce and industry minister Piyush Goyal said Monday. Source: economictimes.indiatimes.com |
Jul 01, 2026
Progress of area coverage under Kharif crops as on 26.06.2026. Progress of area coverage under Kharif crops as on 26.06.2026. Source: pib.gov.in |
Jul 01, 2026
Union Minister Shri Shivraj Singh Chouhan participates in the concluding ceremony of ‘Khet Bachao Abhiyan’ in Haryana with Chief Minister Shri Nayab Singh Saini. Union Minister for Agriculture and Farmers’ Welfare, and Rural Development, Shri Shivraj Singh Chouhan delivered a strong message advocating sustainable agriculture, balanced fertiliser use and conservation of natural resources at the concluding ceremony of the ‘Khet Bachao Abhiyan’ (Save the Farm Campaign) and the launch of the Haryana Farmer Producer Organisation (FPO) Mission at the College of Agriculture, Bawal, in Haryana’s Rewari district. The event was chaired by Haryana Chief Minister Shri Nayab Singh Saini, while Haryana Minister for Agriculture and Farmers’ Welfare, Animal Husbandry, Dairy and Fisheries, Shri Shyam Singh Rana was the guest of honour. The programme brought together farmers, agricultural experts, public representatives and officials to deliberate on the future of sustainable farming and rural prosperity. Source: pib.gov.in |
Jul 01, 2026
UPI Goes Live in Greece, Commerce and Industry Minister Shri Piyush Goyal Witnesses the Launch at Eurobank. The Union Minister of Commerce and Industry Shri Piyush Goyal today witnessed the live demonstration of the Eurobank-NIPL partnership enabling UPI services at Eurobank headquarters in Athens, alongside its CEO, Mr. Fokion Karavias, and CEO of Fairfax Digital Services, Mr. Sanjay Tugnait, marking another important milestone in the global expansion of India’s digital payment ecosystem. Shri Goyal is leading a delegation of senior business leaders and officials on a visit to Greece to advance bilateral economic cooperation and strengthen commercial partnerships. Source: pib.gov.in |