Piyush Goyal meets exporters, urges higher FTA use; US, EU trade deals figure in discussions.
Commerce and Industry Minister Piyush Goyal on Tuesday discussed a host of issues, including ongoing trade talks with the US and EU, in a meeting with exporters and urged them to increase the utilisation of free trade agreements (FTAs), industry officials said. The minister also stated that support could be provided to exporters to deal with European Union (EU) regulations like Digital Product Passport (DPP), they said. The other issues that figured in the deliberations held by Goyal with exporters include the proposed centralised exporters portal, and ways to further boost exports of services and value-added goods.
Source: economictimes.indiatimes.com
India, US accelerate trade talks ahead of July deadline; officials from Washington likely to visit Delhi soon.
A team of US officials is expected to visit India in the coming weeks for the next round of negotiations on the proposed interim trade agreement between the two countries, according to sources cited by PTI. The visit comes at a critical juncture as both sides push to finalise the deal before the July 9 deadline.
Source: financialexpress.com
India's marine exports jump 18% in April amid US tariff clouds.
India’s marine products exports soared by almost 18 per cent in April this year, a month when the United States-- the largest importer of India’s seafood -- rattled the world with its sweeping tariffs only to hit the pause button later. While the marine exports rose by almost 18 per cent in dollar terms, it was 21 per cent in rupee terms in April when compared with the same month last year, data showed.
Source: business-standard.com
$8 billion and rising: How processed food exports can unlock growth for India in global food trade.
India’s agricultural exports reached $48 billion in FY24, solidifying its position as a major player in the global food trade. However, processed food exports, currently valued at $8 billion, offer significant headroom for growth, according to Deloitte & FICCI’s latest report ‘Spurring growth: Driving innovation and unlocking opportunities in the Indian food processing sector’.
Source: economictimes.indiatimes.com
Taste of India: Dussehri, Chausa UP’s sweet ambassadors in Gulf.
The famed Dussehri and Chausa mangoes from Pratapgarh district have gained immense popularity in Dubai and Oman, captivating international consumers with their exceptional taste and aroma. Since their export began three years ago, demand has been growing steadily. This season, tons of these mangoes are set to be exported to meet the increasing demand from these countries. Mango farmers like Prabhakar Singh from Shahpur village and Avneesh Singh from Kunda, Pratapgarh, have found success in exporting their produce.
Source: timesofindia.indiatimes.com
India Participates in 9th BRICS Industry Ministers’ Meeting in Brasília.
India participated in the 9th BRICS Industry Ministers’ Meeting held under the Chairship of Brazil on 21st May 2025 at the Itamaraty Palace, Brasília – Federal District. The overarching theme of the meeting was 'Strengthening Global South Cooperation for More Inclusive and Sustainable Governance'. The meeting witnessed the presence of Industry Ministers and representatives from all BRICS member countries including Brazil, Russia, India, China, South Africa, as well as newly inducted members Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates.
Source: pib.gov.in
India, Maldives to review implementation of economic, maritime security partnership on Monday.
External Affairs Minister S Jaishankar and his Maldivian counterpart Abdulla Khaleel will on Monday take stock of the implementation of the India-Maldives comprehensive economic and maritime security partnership. Khaleel, accompanied by a high-level delegation, is paying a three-day visit to India beginning Sunday evening. It is his third trip to India this year.
Source: economictimes.indiatimes.com
US officials likely to visit India for next round of talks on interim trade pact: Sources.
A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods.
Source: economictimes.indiatimes.com
Odisha exports mangoes to England, UAE.
Odisha has exported three international consignments of mangoes to two cities in England -- (London and Birmingham) and Dubai in UAE -- all on a single day. A media statement said this event underscores the growing strength of the state’s farmer producer companies (FPCs) and the critical market facilitation role played by Palladium.
Source: thehindubusinessline.com
Kenya vegetable exports to India surge on EU checks.
Kenyan exporters of vegetables turned to India as one of the alternative markets for their produce after the European Union tightened checks on chemical residues, locking out non-compliant supplies. Earnings from sales of fresh vegetables surged more than five times last year despite the value of total exports more than halving because of stricter checks by the 27-nation EU trading bloc.
Source: businessdailyafrica.com