India, Israel teams may meet next month on proposed trade pact: Official.
India and Israeli teams are expected to meet next month on the proposed Free Trade Agreement (FTA), an official said on Wednesday. In November, the two countries inked terms of reference to formally start negotiations for the agreement, which aimed at boosting bilateral trade and investments.
Source: economictimes.indiatimes.com
India's exports may reach $950 billion in FY27 on West Asia trade pacts.
India's goods and services exports could reach $840-850 billion in FY26 and rise to about $950 billion in 2026-27, driven by free trade agreements particularly with West Asian countries and strength in services and technology-led sectors such as electronics, exporters said. Rising tariff barriers and climate-linked trade restrictions, however, are expected to pose significant challenges to sustaining export growth, they added.
Source: economictimes.indiatimes.com
150 Northeast products identified for GI tagging over next two years.
At least 150 unique products from the North Eastern region have been identified for Geographical Indication (GI) tagging over the next two years, the government said on Monday, in a move aimed at protecting and promoting the region’s indigenous heritage and traditional industries. The Ministry of Development of North Eastern Region (MDoNER) is leading efforts to secure GI tags for distinctive agri-horticultural produce, handloom and handicraft items from across the region.
Source: nenews.in
State agri dept provides land to APEDA to set up Basmati facility.
The state agriculture department in UP extended a final nod for the allotment of 7 acres of land out of the 66.7-acre area of Pilibhit’s Tanda Bijesi village-based govt agriculture farm to the Agricultural and Processed Food Products Export Development Authority (APEDA) to set up a basmati seed processing facility-cum-training centre and demonstration farm.
Source: timesofindia.indiatimes.com
India Fast-Tracks FTA Talks with Russia-led EAEU and Israel to Counter High US Tariffs.
India is expected to expedite its negotiations on the free trade agreement or FTA with key nations like Russia and Israel soon, starting from January in the new year. The move of the government aims at diversifying its export markets due to high tariffs imposed by the United States.
Source: deccanchronicle.com
Rabi sowing area posts strong growth, overall coverage up by 6.87 lakh hectares.
The Ministry of Agriculture & Farmers Welfare has released the latest data on Rabi crop sowing for the 2025–26 season, reporting a robust expansion in coverage compared with the previous year. As of December 26, 2025 the total area sown under Rabi crops has reached 614.30 lakh hectares, showing an increase of 6.87 lakh hectares over the corresponding period last year, according to official figures.
Source: fnbnews.com
Bumper Australian crop meets soft global prices, limiting revenue upside.
Australia’s agricultural sector is poised for an exceptional winter crop harvest in 2025–26, but farmers may not fully benefit from their record output because global commodity prices remain weak, according to the latest report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). The December Agricultural Commodities Report forecasts the total value of Australian crop production at $53.4 billion, a marginal rise of just 0.2% year-on-year, even though production volumes are expected to climb about 8%. Favourable seasonal conditions in regions such as Western Australia, Queensland and northern New South Wales have supported strong yields.
Source: fnbnews.com
Government Launches Market Access Support Intervention under Export Promotion Mission to Strengthen Global Market Access for Indian Exporters.
The Government of India today launched the Market Access Support (MAS) Intervention under the Export Promotion Mission (EPM), a flagship initiative approved by the Union Cabinet on 12 November 2025. The MAS Intervention is being implemented under the NIRYAT DISHA sub-scheme of EPM and is aimed at strengthening international market access for Indian exporters, particularly MSMEs, first-time exporters and firms from priority sectors.
Source: pib.gov.in
Government extends minimum export price on natural honey till March 2026.
The government on Wednesday extended USD 1,400 per tonne minimum export price (MEP) on natural honey for three more months till March next year. Exports below this MEP value are not permitted.
Source: thehindubusinessline.com
Action plan can help Bihar harness turmeric potential.
A comprehensive turmeric action plan can potentially raise farmer incomes and help Bihar emerge as a competitive force in India’s turmeric economy, with Samastipur envisioned as the hub of this transformation, according to a policy paper released recently. The policy paper – Harnessing the potential of Turmeric – the ‘Golden Spice’ in the state of Bihar, brought out by the Dr Rajendra Prasad Central Agricultural University (RPCAU) emphasises on creation of a state action plan, besides seeking Geographical Indication (GI) opportunities for the varieties grown in the state.
Source: thehindubusinessline.com