Piyush Goyal to hold talks with industry and export council over US tariffs and trade deficit from Thursday.
Days after holding talks with his US counterpart in Washington, Union Commerce and Industry Minister Piyush Goyal has called a meeting with the export councils and trade representatives starting on Thursday, sources say. According to the sources, the Union Minister Goyal, along with Commerce Secretary Sunil Barthwal, will comprehensively discuss the impact of US tariffs on Indian exports.
Source: tribuneindia.com
Indian mills sign contracts to export 600,000 metric tons of sugar.
Indian mills have contracts to export 600,000 metric tons of sugar in the 2024/25 marketing year ending in September, but are reluctant to sign further export deals as local prices have increased, five industry officials told Reuters. The slower pace of shipments from India, the world's second biggest sugar producer, will support global prices , which are trading near their lowest level in three years.
Source: economictimes.indiatimes.com
India-Nicaragua deepens ties with historic ministerial visit focused on trade, investment, and renewable energy.
India’s Minister of State for External Affairs, Pabitra Margherita, made his first-ever official visit to Nicaragua, marking a significant milestone in the diplomatic relations between the two countries. This is the first ministerial-level visit from India’s Ministry of External Affairs (March 6-8, 2025), to the Central American nation Nicaragua, and it sets the stage for deeper bilateral cooperation.
Source: financialexpress.com
Meat Pro Asia 2025 kicks off in Bangkok, showcasing global innovations in meat processing.
The highly anticipated Meat Pro Asia 2025 opened its doors today at Challenger 1, IMPACT, Bangkok, bringing together global suppliers and industry leaders across 10,000 sqm of exhibition space. Opened on Wednesday, March 12 the event will continue till Friday, March 14, 2025. The second edition of Asia’s premier trade fair for meat, poultry, seafood, and food processing industries features 121 exhibitors unveiling cutting-edge innovations in processing, packaging, automation, cold chain logistics, IoT, quality control, and hygiene.
Source: fnbnews.com
Training programme on natural farming held for state officials.
A three-day training programme focused on natural farming, part of the ‘Natural Farming Mission’ funded by the Ministry of Agriculture and Farmers Welfare, Government of India, was inaugurated on Monday at the agricultural university, Palampur. The session was attended by Vice Chancellor Prof Naveen Kumar, who graced the event as the chief guest.
Source: tribuneindia.com
Govt considering incentives for exporters amid global uncertainty, source says.
India is considering new incentives for its exporters amid global trade uncertainty and the potential impact of tariffs threatened by the Donald Trump administration on shipments to the United States, a government official said on Tuesday. Pressure on Indian exporters is mounting due to aggressive policies being pursued by trade partners like the U.S. and the European Union.
Source: economictimes.indiatimes.com
US was among top 10 importers in half of the 118 countries that exported dairy products in 2023.
Besides steel and aluminium, which are bound to face higher tariffs for imports to the US from March 12, another flashpoint for US President Donald Trump is the dairy trade. A Moneycontrol analysis shows that US action on the front is expected to hurt most countries, including India, as the North American nation accounts for nearly 4 percent of global dairy imports and over 6 percent of exports.
Source: moneycontrol.com
No agreement yet with US on trade tariffs, talks on: Commerce Secy Sunil Barthwal informs parliamentary panel.
Just days after US President Donald Trump said that India has 'agreed' to 'cut their tariffs way down', Commerce Secretary Sunil Barthwal informed the Parliamentary Standing Committee on External Affairs on Monday that negotiations between the two nations are still on and no agreement on trade tariffs has been reached so far.
Source: indianexpress.com
Canada to maintain tariffs until US respects free trade, says incoming PM Mark Carney.
Incoming Canadian Prime Minister Mark Carney announced Tuesday that his government will keep tariffs in place until the United States demonstrates respect and makes firm commitments to free trade. His remarks come in response to US President Donald Trump’s decision to escalate tariffs on Canadian steel and aluminum, threatening severe economic consequences.
Source: timesofindia.indiatimes.com
Kazakhstan, India Strengthen Ties via North-South Transport Corridor.
Kazakh and Indian experts discussed trade relations and the role of the International North-South Transport Corridor (INSTC) in boosting economic ties during a special event on March 11 at Maqsut Narikbayev University. The discussion highlighted the importance of cooperation and the route’s potential to drive the region’s economic growth. Participants noted that the INSTC offers advantages beyond increased cargo transportation and reduced travel time. It also enhances supply chain efficiency for assembly plants, attracts skilled professionals, and facilitates the introduction of advanced technologies in digitalization and logistics infrastructure.
Source: astanatimes.com