May 05, 2026
Indian mango exports face rising air freight costs as U.S. demand grows. Global demand for mangoes is expected to remain firm in 2026, led by the United States, one of the largest importers. Imports into the U.S. are projected to grow by around 7%, supported by per capita consumption of about 3.6 to 4 kg, retail promotions, and year-round availability, according to APEDA. Supply conditions vary. Peru's production is expected to decline by around 10% due to delayed flowering and weather disruptions, while Pakistan's exports may fall by about 8% due to quality rejections. Mexico remains a key supplier to the U.S., although it faces weather and market access constraints. Source: freshplaza.com |
May 04, 2026
Plurilaterals without guardrails can fragment trading system: Experts. There is a contrast between the doom and gloom around the WTO system, and the reality of growing trade volumes, said Pascal Lamy, former Director-General, World Trade Organisation (WTO). Lamy was speaking at a recent event in New Delhi titled, 'WTO MC14 Outcomes and the Future of the Multilateral Trading System', jointly organised by think tanks CUTS International and the Chintan Research Foundation. Source: economictimes.indiatimes.com |
May 04, 2026
India begins wheat exports after four-year hiatus on bumper crop. Indian traders have begun exporting wheat for the first time in four years, as a bumper harvest and a rally in global prices and freight rates make shipments of the staple competitive for buyers in Asia and the Middle East, trade sources told Reuters. Consumer goods conglomerate ITC has started loading 22,000 metric tons of wheat at the western port of Kandla for shipment to the United Arab Emirates, they said. Source: economictimes.indiatimes.com |
May 04, 2026
Indore to host meeting of BRICS agriculture ministers in June. A two-day meeting of agriculture ministers of BRICS member countries under India's presidency will be held in Indore in June to discuss food security, smart farming, global agricultural trade and farmer welfare. Union Agriculture Minister Shivraj Singh Chouhan and Madhya Pradesh Chief Minister Mohan Yadav reviewed preparations for the event at a meeting with officials in the city on Sunday. Source: economictimes.indiatimes.com |
May 04, 2026
India's sugar exports to be 7.5-8 lakh tonnes in 2025-26 season on weak global prices: Official. India is likely to export only 7.5 to 8 lakh tonnes of sugar in the current 2025-26 marketing season (October-September) due to unfavourable global price parity, according to a senior government official. The world's second-largest sugar producer keeps exports under government control through quotas distributed proportionally among mills. Source: economictimes.indiatimes.com |
May 04, 2026
France seeks enforceable rules in India-EU FTA talks. France has pitched for a more granular and enforceable framework in the India–EU free trade negotiations, stressing that political alignment must now give way to concrete action on non-tariff barriers that continue to obstruct market access. Source: economictimes.indiatimes.com |
May 04, 2026
India and Ecuador exploring preferential trade deal to boost economic ties. India and Ecuador are looking at the possibility of firming up a preferential trade pact, besides agreeing to shore up cooperation in areas of healthcare, agriculture and digital technology. Ways to further solidify bilateral relations were the focus of talks between External Affairs Minister S Jaishankar and his Ecuadorian counterpart Gabriela Sommerfeld Rosero this week, according to the Ministry of External Affairs (MEA). Source: economictimes.indiatimes.com |
May 04, 2026
India discusses boosting trade with UK, local currency trade settlement with Tanzania. India and the UK Friday discussed ways to boost two-way commerce and investments and leverage opportunities under the comprehensive economic and trade agreement signed in July last year. It was discussed during a virtual meeting between commerce and industry minister Piyush Goyal and UK Secretary of State for Business and Trade Peter Kyle. Source: economictimes.indiatimes.com |
May 04, 2026
Agri land, factories in Tanzania offer new avenues for Haryana farmers, entrepreneurs. Farming and doing business in Tanzania have become lucrative avenues for the people in Harayana, with the state government, along with the Centre, expanding trade ties with the East African nation. Farmers and entrepreneurs have started exploring the Tanzanian markets after Haryana began a push for investment opportunities in that country. Source: thehindubusinessline.com |
May 04, 2026
Odisha kicks off mango season with first domestic shipment. The 2026 mango marketing season has begun on a strong note in Odisha, with the first major domestic linkage seeing 3 tonnes of premium fruit dispatched from Dhenkanal to Siliguri, West Bengal. The consignment was facilitated by Madanmohan Farmer Producer Company (FPC) under the National Cooperative Development Corporation. Source: thehindubusinessline.com |