India’s Presidency delivers ‘BRICS Indore Declaration’, a new charter for global agricultural cooperation; Union Minister Shri Shivraj Singh Chouhan addresses press conference.
The BRICS Agriculture Ministers and officials-level meetings held in Indore concluded today with the adoption of a unanimous ‘Indore Declaration’ that includes several historic decisions giving new direction to food security, farmer welfare, climate-resilient farming, agricultural trade and digital agriculture. Union Minister for Agriculture and Farmers’ Welfare, and Rural Development, Shri Shivraj Singh Chouhan said in the press conference that amid global crises and uncertainties, this BRICS meeting has brought a powerful message of hope, confidence and collective responsibility for the entire world. This meeting has shown how countries can come together to address common challenges in agriculture and create solutions that benefit farmers everywhere.
Source: pib.gov.in
West Asia disruptions trigger 25% slump in India’s basmati rice exports; Gulf holds 40-lakh tonne share of India’s 60 lakh tonne basmati trade.
Basmati rice, one of the country’s largest export items to West Asia, is taking a severe hit from the regional crisis. According to the data released by the Commerce and Industry Ministry, its exports have slipped nearly 25% due to a sharp decline in shipments to Gulf countries in the backdrop of the crisis. Dragged by a decline in exports to countries such as Iraq, Iran, Qatar, and Saudi Arabia, India’s total basmati rice exports slipped 27.4% in March and 20.9% in April. Cumulative exports in March and April slipped by 24% to $838.34 million this year compared to $1105.36 million last year, official data showed.
Source: indianexpress.com
India's export credibility under lens as Nepal, Japan curb mango imports.
Nepal recently imposed restrictions on the import of Indian mangoes, citing concerns over high-risk pests. Imports are now permitted subject to prescribed phytosanitary requirements, including mandatory hot-water treatment of mangoes at 48°C for one hour and certification that consignments are free from specified high-risk pests.
Source: deccanherald.com
APEDA Chairman inaugurates new office of Rice Exporters Association in Chhattisgarh, boosting export prospects for Central India.
In a significant step towards strengthening India’s agricultural export infrastructure, APEDA Chairman Shri Abhishek Dev, IAS, inaugurated the new office of the Rice Exporters Association, Chhattisgarh (CG) at Sardar Vallabhbhai Patel Bhawan, Nava Raipur, on June 12, 2026. The inauguration ceremony witnessed the participation of senior officials from the Agricultural and Processed Food Products Export Development Authority (APEDA), representatives of the Government of Chhattisgarh, industry stakeholders, and leading rice exporters from across the state and Central India.
Source: indiashippingnews.com
APEDA Facilitates First-Ever Honey Export From Assam’s Baksa District To US.
Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated first-ever export of 20 Metric Tons of Honey from Assam’s Baksa District to USA. The export was facilitated by APEDA by supporting infrastructure development, including the provision of testing and laboratory equipment at the processing facility to ensure compliance with international quality standards and food safety requirements.
Source: newsonair.gov.in
Indian pomegranate supply improves, but Gulf demand remains weak.
India's new pomegranate season is gathering pace in Maharashtra, with exporters expecting fruit quality and availability to improve significantly over the coming weeks. However, weaker demand from Gulf markets is limiting export opportunities despite increasing supplies.
Source: freshplaza.com
NZ-India Free Trade takes centre stage at Horticulture Show.
Horticulture executives at this year’s Fieldays have strongly endorsed New Zealand’s Free Trade Agreement with India, calling it a major step forward for fruit growers and exporters. Leaders from Horticulture New Zealand, Apples and Pears, and Zespri said that tariff cuts on Apples and Kiwifruit, along with future opportunities for Persimmons and Avocados, would unlock significant growth in a rapidly expanding market. The Agreement also establishes Centres of Excellence in India to support grower training, orchard management and post-harvest systems. Timber industry representatives reported rising enquiries, while political leaders from both National and Labour Parties described the deal as a strategic boost to bilateral ties.
Source: indiannewslink.co.nz
India protecting industry from unfair trade practices of certain countries: Piyush Goyal.
Commerce and Industry Minister Piyush Goyal on Thursday said that countries safeguard their domestic industries, and India is no exception, but the country remains committed to navigating trade challenges through dialogue, cooperation, and mutually beneficial engagement. '...when the EU, the US, and the UK are trying to safeguard their domestic steel industry against competition, or even India for that matter, protecting our economy from unfair trading practices of certain geographies, where we find overcapacity, dumping of goods into India at predatory pricing.
Source: economictimes.indiatimes.com
Issues related to India-EFTA trade pact implementation may figure during Piyush Goyal's Switzerland visit.
Issues following the implementation of the India-EFTA free trade agreement are expected to be discussed during the visit of Commerce and Industry Minister Piyush Goyal to Switzerland this week. India and the four-nation bloc, EFTA, implemented the trade and economic partnership agreement (TEPA) in October 2025.
Source: economictimes.indiatimes.com
World Bank Raises India's FY27 Growth Forecast to 6.6%.
The World Bank raised India's FY27 growth forecast to 6.6% from 6.5% estimated in January, citing reduced US tariffs and the anticipated benefits of upcoming free trade agreements. These factors are expected to cushion the impact of weaker external demand stemming from the ongoing Middle East conflict.
Source: economictimes.indiatimes.com