India, Brazil have huge potential to grow trade: Luiz Inacio Lula Da Silva.
India and Brazil have a strong potential to substantially boost bilateral trade from the current $15 billion, the two sides said Friday, even as they continue efforts to expand a preferential trade agreement (PTA). 'I'm very optimistic about India-Brazil relations as we have a lot of similarities,' Brazilian President Luiz Inacio Lula Da Silva said, adding that the PTA between India and Mercosur since 2009 needs a more ambitious framework. 'The potential of growth is huge.' Lula was speaking at a meeting of the India-Brazil Economic Forum in the national capital.
Source: economictimes.indiatimes.com
India Secures Preferential Access to Nearly Two-Thirds of Global Trade Through High-Quality Free Trade Agreements: Shri Piyush Goyal.
Union Minister of Commerce and Industry Shri Piyush Goyal addressed the Plenary Session of the India–Brazil Business Forum in New Delhi, highlighting the expanding cooperation between India and Brazil across sectors. Referring to the growth in bilateral trade by 25 per cent in the past year to reach USD 15 billion, he described the current level as suboptimal and called for greater ambition in further strengthening economic engagement between the two countries.
Source: pib.gov.in
India-US trade deal: Chief negotiators’ meet on interim pact rescheduled.
India and the US have decided to reschedule the proposed meeting of their chief negotiators in Washington to finalise the text of the interim trade pact, sources said on Sunday. The Indian team was scheduled to start the three-day meeting on February 23'.
Source: economictimes.indiatimes.com
Union Minister Goyal congratulates APEDA for facilitating flag-off of first GI-tagged Salem sago consignment.
Commerce and Industry Minister Piyush Goyal congratulated the Agricultural and Processed Food Products Export Development Authority for facilitating the flag-off of the first GI-tagged Salem sago consignment from Tamil Nadu to Canada. In a social media post, Mr Goyal said that the export will unlock significant opportunities for a larger number of farmers, including tribal communities engaged in tapioca sago cultivation, by enhancing incomes and enabling greater access to global markets, while further strengthening the country’s agri exports. The Minister called this a step in taking India’s GI-tagged agri products to global markets.
Source: newsonair.gov.in
Shorter shelf life impedes export of Bengal’s GI food products.
Shorter shelf life was the main impediment to the export of some popular GI-tag products from Bengal, a top APEDA (Agricultural and Processed Food Products Export Development Authority) official has said. He spoke to TOI after GI Connect 2026, organised by the Confederation of West Bengal Trade Association (CWBTA) along with APEDA. He said GI products from Bengal like Darjeeling Mandarin, Bardhaman's Sitabhog, Bardhaman's Mihidana, rasogolla, Baruipur Guava and Joynagorer Moa were being exported to the Middle East, but the quantity was less and some products were seasonal as well. The popular GI export items from Bengal include Darjeeling Tea and gobindobhog.
Source: timesofindia.indiatimes.com
Trade Mission India 2026: 'Gateway to a rapidly expanding horticulture market'.
From 11–16 March 2026, East-West Trade & Consulting will lead a trade mission to India for companies active in horticulture, floriculture and greenhouse-related technologies. The mission is designed to provide first-hand market insight, structured business meetings and direct exposure to one of the world's fastest-growing horticultural markets.
Source: floraldaily.com
India-EU FTA to open new avenues for trade, investment: PM Modi, Greek counterpart.
Prime Minister Narendra Modi and his Greek counterpart Kyriakos Mitsotakis on Thursday agreed that the recently concluded India-EU FTA will open new avenues for trade and investment between the two countries. Both leaders had a meeting on the sidelines of India AI Impact Summit during which they reviewed the entire gamut of bilateral strategic partnership and noted that the partnership is growing at a steady pace in diverse fields.
Source: economictimes.indiatimes.com
Major FTAs done; focus now on their effective utilisation.
At the beginning of 2026, India took a major leap forward on FTAs. First the EU, termed as 'mother of all deals', followed by a sudden surprise announcement of closure of pending Bilateral Trade Agreement with the USA. The two geographies put together have a combined market strength of nearly US$50trillion. For India, these two big markets constitute nearly 38% of its merchandise exports’ share. If we add the UK in it, another major European economy, with whom the FTA would come into operation very soon, this figure will cross 40%.
Source: economictimes.indiatimes.com
Indian cardamom gains aroma on global supply crunch.
Indian cardamom exporters are pinning hopes on the 2026 export season, which is reportedly witnessing an unprecedented surge, with volumes projected to reach around 14,000 tonnes, nearly double the historical average. They have attributed the reason for the upward swing primarily to the 50 per cent production drop in Guatemala, which has left a massive supply vacuum in the international market.
Source: thehindubusinessline.com
Call to transform agriculture into a profitable business.
Kerala Revenue Minister K.Rajan emphasised the need to transform agriculture into a profitable business by implementing modern technologies which would be beneficial to farmers. In his inaugural address at the Southern Regional Agriculture Fair 2026, organised by the Kerala Agricultural University, minister said that precision farming, artificial intelligence, and drones are creating a revolution in the agricultural sector today. The University’s significant role is to provide value-added technologies to farmers and deliver advanced technologies directly to their fields, he said.
Source: thehindubusinessline.com