Centre for Trade and Investment Law launches guidebook to help Indian MSMEs expand into global markets.
The Centre for Trade and Investment Law (CTIL), Indian Institute of Foreign Trade (IIFT), in collaboration with the Confederation of Indian Industry (CII), launched the guidebook Going Global: A Practical Guide for Indian MSMEs in New Delhi today. Representatives from CII presented an overview of the guidebook, which has been developed as a one-stop practical resource to help MSMEs identify export opportunities, understand market access requirements, leverage freely available trade intelligence tools, comply with international standards and sustainability requirements, and build export readiness.
Source: pib.gov.in
Union Minister of Commerce and Industry, Shri Piyush Goyal Leads High-Level Delegation to Finland to Strengthen Trade and Investment Ties.
Union Minister of Commerce and Industry, Shri Piyush Goyal, commenced his official visit to Finland by leading a high-level Indian delegation comprising senior business leaders and government officials to strengthen bilateral trade, investment and industry cooperation. The visit witnessed the signing of two institutional Memoranda of Understanding (MoUs), ministerial-level discussions, and extensive engagements between Indian and Finnish industry across key sectors.
Source: pib.gov.in
Maharashtra: First Exports Under India–UK CETA Flagged Off.
In a significant step towards operationalizing the benefits of the India–United Kingdom Comprehensive Economic and Trade Agreement (CETA), export consignments to the United Kingdom were ceremonially flagged off at three locations in Mumbai Metropolitan Region on Wednesday. The flagging offs were held at Bharat Diamond Bourse in Bandra-Kurla Complex, Nhava Sheva and SEEPZ-SEZ.
Source: deccanchronicle.com
APEDA Facilitates First Export of Premium Kashmir Cherries, Plums to Singapore.
In a major boost to Jammu and Kashmir’s horticulture exports, the Agricultural and Processed Food Products Export Development Authority (APEDA), in collaboration with M/s Osum Food Solutions LLP and M/s Fruit Master Agro Fresh Private Limited, Pulwama, on Thursday facilitated the first export shipment of premium Areko cherries and Scentrose plums from Shopian and Pulwama districts to Singapore. To mark the occasion, APEDA organised a flag-off ceremony for the inaugural consignment, describing the initiative as a significant step towards expanding global market access for premium horticultural produce from Jammu and Kashmir. Officials said the export represents an important milestone in promoting the Valley’s premium temperate fruits in international markets and reflects the collaborative efforts of APEDA, exporters, growers and other stakeholders in strengthening the region’s horticultural export ecosystem.
Source: thekashmirhorizon.com
Ladakh exports first apricot consignment to UAE; LG Saxena pitches processing unit.
Ladakh Lieutenant Governor Vinai Kumar Saxena on Wednesday flagged off the first consignment of fresh apricots for export to the United Arab Emirates (UAE) and pitched for setting up a world-class apricot processing unit in the Union Territory to strengthen outbound shipments. The inaugural consignment of five metric tonnes was flagged off from Ladakh Bhawan here under an agreement signed by the Ladakh administration with the UAE-based Lulu Group earlier this year.
Source: economictimes.indiatimes.com
Kharif crop acreage to rise as sowing window remains open till August 15: Shivraj Singh Chouhan.
The acreage of key kharif crops such as rice (paddy), pulses and oilseeds will increase to compensate for the current deficiency in the next few weeks, agriculture minister Shivraj Singh Chouhan said on Wednesday. "The sowing window is open till August 15," he said, adding that more rainfall is expected in the coming weeks.
Source: economictimes.indiatimes.com
India exports $140 million worth of goods at zero duty on first day of UK trade pact.
The India-UK Comprehensive Economic and Trade Agreement (CETA) came into force on Wednesday, with shipping of $140 million worth of goods to Britain on the first day of its implementation. The shipments included textiles, gems and jewellery, engineering, marine products and processed food.
Source: economictimes.indiatimes.com
India, EU hopeful of investment protection pact before year-end.
India and the European Union Wednesday said they are hopeful of concluding an investment protection agreement before the end of this year. Commerce and industry minister Piyush Goyal said he was hopeful that India and the EU would conclude an investment protection agreement before the end of the year but added that deadlines are not as important as the intention. EU trade and economic security commissioner Maros Sefcovic said the two sides share the goal to 'do our utmost to do it by the by the end of the year'.
Source: economictimes.indiatimes.co
99% of exports to become duty-free with India-UK trade treaty: Amit Shah.
Union Home Minister Amit Shah on Wednesday said that the India-UK free trade agreement is set to unlock untapped potential across labour-intensive industries, offering zero-duty market access for 99 per cent of the country's exports. He said the agreement that comes into force on Wednesday is the key to a Viksit Bharat as envisioned by Prime Minister Narendra Modi.
Source: economictimes.indiatimes.com
CAC49 adopts 7 Codex standards developed under India’s leadership.
The 49th session of the Codex Alimentarius Commission (CAC49) has approved India’s proposal to undertake new work for the development of a Codex standard for cashew kernels. It adopted seven Codex standards and guidelines developed under India’s chairmanship and co-chairmanship in Geneva last week.
Source: thehindubusinessline.com