Canada-India negotiating economic partnership agreement to double two-way trade by 2030: PM Carney.
Canadian Prime Minister Mark Carney on Saturday said his country is negotiating a comprehensive economic partnership agreement with India with the intention to double two-way trade by 2030. It is expected to be signed by end of this year, Carney said while addressing the Canada-India Forum here. The Canadian PM is on a four-day visit of India.
Source: economictimes.indiatimes.com
India, European Union to give each other Most Favoured Nation status for 5 years in trade deal.
The European Union and India plan to grant each other Most Favoured Nation status after their trade deal takes effect, preventing either from offering better tariff terms to other partners for five years, a draft of the text showed on Friday. India and the European Union struck a long-delayed deal last month aiming to slash tariffs on most goods and boost two-way trade amid growing global trade tensions elsewhere.
Source: economictimes.indiatimes.com
India will have to notify EU in case of new export duty: India-EU FTA text.
India will have to consult with the EU if it intends to impose an export duty on its non-agricultural products and the bloc finds that such a measure adversely impacts its trade, as per the text of the India-EU FTA made public Friday. In a first, New Delhi has also accepted third party involvement to resolve disputes subject to safeguards.
Source: economictimes.indiatimes.com
Reducing post-harvest losses by protecting produce quality during storage and transport.
Agriculture continues to be the cornerstone of global food security and rural livelihoods. By 2038, the world’s population is approaching 9 billion, 1 amplifying the demand for efficient food systems that minimise waste and protect produce quality throughout the supply chain. Yet despite technological advances and policy efforts, significant portions of harvested crops never reach consumers at optimal quality or in consumable condition. These post-harvest losses, occurring between harvest and final consumption, represent a systemic challenge with economic, social and environmental consequences for farmers, supply chains and national food security.
Source: thehindubusinessline.com
Indian poultry sector sees no impact of Saudi curbs on imports.
Saudi Arabia’s ban on poultry imports will not have any material impact on India’s poultry sector, as the West Asian nation accounts for only a negligible share. Saudi Arabia’s food safety regulator had recently banned imports of poultry meat and table eggs from 40 countries, including India, as a precaution against bird flu and other animal diseases.
Source: thehindubusinessline.com
Meghalaya targets to bring 1 lakh hectares under organic farming by 2028.
Meghalaya state wants to take the total area under organic farming to 1 lakh hectares by 2028 from the existing 27,000 hectares. A media statement by the Meghalaya Department of Agriculture and Farmers’ Welfare said the area under organic farming increased from 18,000 hectares in 2018 to 27,000 hectares in 2025, and is projected to reach 1 lakh hectares by 2028. Strong certification systems and farmer collectives ensure quality, traceability and consistency.
Source: thehindubusinessline.com
APEDA Organises Sikkim Organic Conclave-cum-International Buyer Seller Meet in Gangtok.
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, Government of India, in collaboration with the Government of Sikkim and in association with IFOAM-Asia, organised the Sikkim Organic Conclave-cum-International Buyer Seller Meet (IBSM) in Gangtok, Sikkim.
Source: pib.gov.in
With 7 interventions, Govt expands flagship Export Promotion Mission.
With seven additional interventions, the Government of India has announced the expansion of its flagship Export Promotion Mission (EPM). The mission is now nearing full operational status, providing a comprehensive support system for Micro, Small, and Medium Enterprises (MSMEs) and first-time exporters.
Source: fnbnews.com
Government calls urgent meet as West Asia turmoil hits air cargo, shipping routes.
The government has called an urgent meeting with exporters and industry on Monday to assess the impact of the rapidly-evolving geopolitical scenario in West Asia and its impact on India amid a sharp hit to air cargo and container movement, impacting trade with the region. The commerce and industry ministry will meet officials from other ministries, freight forwarders, shipping industry, and exporters on Monday to 'assess the impact of contemporary developments on exports, with a specific focus on logistics and the challenges being faced,' an official said on Sunday.
Source: economictimes.indiatimes.com
Israel, India sign 16 MOUs on agriculture, tech, at Jerusalem press conference.
Sixteen bilateral memorandums of understanding are signed between Israel and India, Foreign Minister Gideon Sa’ar’s office announces, as Prime Minister Benjamin Netanyahu and visiting Indian Prime Minister Narendra Modi hold a press conference at the King David Hotel in Jerusalem. Within this framework, Sa’ar and Indian Foreign Minister Subrahmanyam Jaishankar signed 'cooperation agreements in the areas of agricultural innovation and technologies, the use of civilian drones, satellite data, irrigation and fertilization management, pest control, greenhouse cultivation, and the transfer of knowledge in advanced agricultural technologies,' reads a statement from Sa’ar’s office.
Source: timesofisrael.com