‘India offers limited farm quotas in US trade deal’
The government has offered quotas in most agricultural products where tariff reductions have been sought under the proposed interim trade agreement with the United States, officials said on Monday, according to a report by TOI. An Indian delegation is set to travel to Washington to finalize the legal text of the interim pact, which the two sides aim to sign by March. Officials cited by TOI said the quantities offered under the quotas are largely small and, in several cases, relate to inputs such as cotton that are already being imported.
Source: https://economictimes.indiatimes.com/
Modi-Macron meet: PM says no boundaries to partnership with France
India and France on Tuesday upgraded their bilateral relationship to a ‘special global strategic partnership,’ following a meeting between Prime Minister Narendra Modi and French President Emmanuel Macron in Mumbai. The two pledged to enhance cooperation in areas including defence procurement, artificial intelligence (AI) and clean energy.
Source: https://economictimes.indiatimes.com/
US, EU trade deals could unlock $400 billion for India’s agri sector
Trade agreements with the US and the 27-nation bloc European Union (EU) have opened up an opportunity of USD 400 billion for India's agriculture sector, an official said on Monday. At present, India's agricultural exports to the US stand at USD 2.8 billion, while imports are only USD 1.5 billion. Overall, India's imports of agri goods are worth USD 35 billion, while exports are valued at USD 51-52 billion, and the figures are increasing.
Source: https://economictimes.indiatimes.com/
Bengaluru airport ships over 60 million roses this Valentine's season
Bengaluru, As the Valentine's season drove peak demand of fresh roses worldwide, Kempegowda International Airport here shipped around 60 million rose stems, weighing more than 2,700 tonnes, across 26 international destinations, officials said on Tuesday. The facility, operated by Bangalore International Airport Limited, also transported roses to 47 domestic destinations. The exports mark a 38 per cent year-on-year increase in stem volumes and a 64 per cent rise in tonnage, reinforcing the Bengaluru Airport's position as India's leading gateway for perishable exports for five consecutive years, they said.
Source: https://economictimes.indiatimes.com/
Indian rice exporter seals 5,000-tonne US deal: IREF
A member of the Indian Rice Exporters Federation (IREF) has entered into a commercial agreement to supply 5,000 tonnes of basmati rice to a buyer in the US, according to a statement. The federation said that this is a significant development as it comes after the finalization of India-US trade deal, under which America has agreed to reduce reciprocal tariffs on Indian goods to 18 per cent from the present 25 per cent. "One of the members of the IREF has successfully entered into a commercial agreement for the supply of 5,000 MTs of basmati rice to a buyer in United States of America," .
Source: https://economictimes.indiatimes.com/
US, EU trade deals could unlock $400 billion for India’s agri sector.
Trade agreements with the US and the 27-nation bloc European Union (EU) have opened up an opportunity of USD 400 billion for India's agriculture sector, an official said on Monday. At present, India's agricultural exports to the US stand at USD 2.8 billion, while imports are only USD 1.5 billion.
Source: economictimes.indiatimes.com
India-US trade deal: Trade team heading to Washington next week for legal pact.
India's chief negotiator for trade talks with the US, Darpan Jain, will lead a delegation to Washington next week to finalise the legal agreement for the India-US trade deal, which is likely to be signed in March, commerce secretary Rajesh Agrawal said Monday. The visit is likely to start on February 23. Earlier this month, India and the US released a joint statement to announce that a framework for an interim trade agreement has been finalised.
Source: economictimes.indiatimes.com
India, UK making genuine effort to see if FTA can be operationalised in April: Commerce Secy.
India and the UK are making a 'genuine' effort to see if the bilateral free trade agreement can be operationalised in April this year, Commerce Secretary Rajesh Agrawal said on Monday. India and the UK, on July 24, 2025, signed the Comprehensive Economic and Trade Agreement (CETA) under which 99 per cent of Indian exports will enter the British market at zero duty, while tariffs on British products such as cars and whisky will be reduced in India.
Source: economictimes.indiatimes.com
'FTA is another step in the deep relationship we have with India': New Zealand Minister Shane Reti
New Zealand's Minister for Science and Technology Shane Reti on Monday called the newly concluded India-New Zealand Free Trade Agreement (FTA) a significant milestone, and said that the pact will elevate collaboration and further deepen bilateral ties between the two countries. Speaking with ANI, Reti described the agreement as a natural progression in the growing partnership between India and New Zealand.
Source: economictimes.indiatimes.com
India's sugar exports reach 2.01 lakh tonnes till February in 2026 MY: AISTA.
India has exported 2,01,547 tonnes of sugar through February in the current 2025-26 marketing year, with the United Arab Emirates the top destination, the All India Sugar Trade Association (AISTA) said on Monday. Sugar exports remain under government control through quotas distributed proportionally among mills. The central government has approved total exports of 2 million tonnes for the 2025-26 marketing year (October-September), including an additional 500,000 tonnes permitted recently.
Source: economictimes.indiatimes.com