FTA talks with EAEU likely to take up agri, marine goods.
India is expected to take up compliance and certification requirements aimed to ease exports of marine goods, agricultural items and processed foods with the Russia-led Eurasian Economic Union (EAEU), during the second round of talks for the proposed free trade pact end of this month in Moscow, said an official. Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan comprise the EAEU.
Source: economictimes.indiatimes.com
Record pulses buffer to act as shield against El Nino, says govt official.
The government's record pulses buffer of 43 lakh tonnes will serve as a strategic cushion against any supply disruption or price flare-up triggered by a likely El Nino weather phenomenon, a top government official said on Thursday. 'We don't have to dispose it of now. If there is an El Nino effect and it impacts kharif sowing, this buffer stock of pulses will be used,' Consumer Affairs Secretary Nidhi Khare told PTI on the sidelines of a FICCI event.
Source: economictimes.indiatimes.com
US optimistic about progress in trade talks with India; deal a priority: State Dept.
The United States is very optimistic about the progress of trade negotiations with India, and a bilateral trade deal remains a priority for the Trump administration, State Department Spokesperson Tommy Pigott said. Pigott was responding to a question by PTI during a roundtable interaction organised by the New York Foreign Press Centre with a select group of international journalists on Thursday.
Source: economictimes.indiatimes.com
India to roll out 6–7 FTAs next year as trade push accelerates: Piyush Goyal.
India is likely to execute three to four significant trade agreements in the coming year, while another two to three substantive free trade agreements (FTAs) are expected to come into force in the next six months, commerce and industry minister Piyush Goyal said on Thursday.
Source: economictimes.indiatimes.com
Livestock industry demands 1.5 million tonnes soymeal imports amid price surge.
India's livestock industry has urged the government to allow imports of 1.5 million tonnes of soybean meal, after domestic prices of the key poultry feed ingredient surged about 45% in two months, raising costs for farmers and squeezing margins across the sector.
Source: economictimes.indiatimes.com
Cold storages struggle as Gulf cargo lands in India.
Cold storages are overflowing with imported apples, avocados, dry fruits, and other perishables, with traditional suppliers to the Gulf diverting shipments to India amid the widespread shipping turmoil caused by the Iran war. Traders said the logistics disruption has also hit exports of Indian produce, adding that it has disturbed the timing and seasonality of cold storage operations.
Source: economictimes.indiatimes.com
EU may not get exclusive marketing status for its wines, spirits and cheese in India.
The European Union (EU) could end up losing exclusive marketing rights for its wines, spirits and cheese in India, as it has called for a United Nations (UN) resolution to New Delhi’s dispute with Pakistan over Jammu and Kashmir. Exclusive marketing rights mean recognising that a product is specifically grown in that region. The marketing rights are given through recognition for a Geographical Indication (GI) tag for the specific product.
Source: thehindubusinessline.com
APEDA Facilitates First-Ever Sea Shipment of Botanical-Infused Millet Functional Foods from Karnataka to New Zealand.
In a significant boost to India's agri-food exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the flagging off of the first-ever sea shipment of botanical-infused ready-to-cook millet functional foods from Karnataka to New Zealand on June 3, 2026. The export consignment, comprising one metric tonne of value-added millet-based products, was shipped by M/s Infini Agrotek LLP, Bengaluru. The shipment reflects the growing global demand for innovative millet-based products derived from India's traditional grains and underscores the expanding opportunities for value-added agricultural exports from the country.
Source: pib.gov.in
India Emerges as World's Most Trusted Investment Destination: Union Minister of Commerce and Industry Shri Piyush Goyal at Citi India Conference 2026.
Union Minister of Commerce and Industry Shri Piyush Goyal virtually delivered the keynote address at the Citi India Conference 2026 in Mumbai, highlighting India's emergence as the world's most trusted investment destination and outlining the Government's ongoing efforts to strengthen manufacturing, ease of doing business, infrastructure, technology adoption and global trade engagement. Addressing global investors and business leaders, Shri Goyal said that India is recognized as the world's fastest-growing economy and expressed confidence that the country will continue to maintain this position for over two decades into the future. He noted that India has consistently converted crises into opportunities by reorienting processes and business strategies to suit changing geopolitical and economic circumstances while continuing to remain an attractive destination for trade, business, manufacturing and investments.
Source: pib.gov.in
FM inaugurates women-led agri processing centre at Yadgir.
Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman inaugurated the Women-Led Agro-Processing Centre and Farmers’ Training and Common Facility Centre (FT-CFC) at Baddepalli in Yadgir district of Karnataka on Thursday. The facility is the fifth such centre established under a series of farmer-centric initiatives aimed at strengthening agricultural value chains across the Kalyana Karnataka region, according to a statement.
Source: thehindubusinessline.com