US President Trump calls for 'fair' trade ties with 'tariff maker' India.
US President Donald Trump has grouped India alongside China and Brazil as 'tremendous tariff makers', vowing to impose tariffs on countries he claims harm the United States. During a separate telephonic conversation, Trump urged Prime Minister Narendra Modi to boost India’s procurement of American security equipment to foster a 'fair' bilateral trade relationship.
Source: business-standard.com
UP’s ODOP initiative has made global impact: Yogi.
Chief Minister Yogi Adityanath on Sunday visited the ‘One District One Product' exhibition set up in the Kumbh Mela area and said that ODOP initiative has made a global impact. The CM also encouraged artisans by visiting their stalls from across the state.
Source: timesofindia.indiatimes.com
Chilean cherry exports to India almost double.
Chile has nearly doubled its cherry exports to India in the 2024/25 season. With the recent arrival of several sea freight containers, export volumes have surged from 367 tonnes in 2023/24 to 708 tonnes in 2024/25 to date, according to Chilean Cherry Committee of Frutas de Chile.
Source: fruitnet.com
No export of raw materials, value addition must happen in India: PM Modi.
Prime Minister Narendra Modi on Tuesday said he cannot accept raw materials getting exported and finished products being shipped into the country, asserting that value additions must happen in India. Inaugurating the 'Utkarsh Odisha, Make in Odisha Conclave' in Bhubaneswar's Janata Maidan, Modi said he considers eastern India as the growth engine of the country, and the state plays an important role in it.
Source: business-standard.com
Madhya Pradesh CM Mohan Yadav invites Japanese investments; state exported $92.8 mn goods to Japan.
Madhya Pradesh Chief Minister Mohan Yadav said that the state has exported goods spanning multiple industries worth USD 92.8 million to Japan in 2023-24 on Tuesday, while inviting business leaders to explore investment opportunities in the state. Yadav was speaking during an interactive session on investment opportunities in Madhya Pradesh being held in the Indian Embassy here.
Source: economictimes.indiatimes.com
India-Oman Joint Commission Meeting held; leaders focus on enhancing bilateral cooperation in trade, investment, technology, food security and renewable energy.
Union Minister of Commerce and Industry, Shri Piyush Goyal concluded a successful visit to the Sultanate of Oman from 27-28 January 2025. During the visit, Shri Goyal co-chaired the 11th Session of the India-Oman Joint Commission Meeting (JCM) with H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion of Sultanate of Oman. The JCM saw productive discussions on enhancing bilateral cooperation in trade, investment, technology, food security, renewable energy and other key areas. The Minister held a productive bilateral meeting with Minister Qais during which he undertook a detailed review of the bilateral trade and economic relations between India and Oman and identified concrete steps to further strengthen the mutually beneficial business ties.
Source: pib.gov.in
IFAD Associate Vice President Shri Donal Brown meets Agriculture Secretary Shri Devesh Chaturvedi.
Mr. Donal Brown, Associate Vice President of the International Fund for Agricultural Development (IFAD), called on Dr. Devesh Chaturvedi, Secretary of Department of Agriculture and Farmers Welfare (DA&FW) at Krishi Bhawan in New Delhi today. During the meeting, Mr Brown appreciated India’s role as a founding member of IFAD, and longstanding and productive partnership with IFAD. Mr. Brown briefed the Secretary about IFAD’s collaborative projects with state governments, particularly in the North Eastern and Himalayan regions, focusing on building climate-resilient agricultural value chains; empowering women, youth, tribal communities; supporting marginalized farmers; and strengthening rural infrastructure.
Source: pib.gov.in
Govt upgrades platform to issue certificates of origin.
To simplify the certification process for exporters and enhance trade efficiency, the government Monday said it has upgraded its system of issuing electronically generated certificate of origin to help exporters. The document is important to claim duty concessions under free trade agreements as it proves where the goods originate.
Source: economictimes.indiatimes.com
Projects worth Rs 10 lakh crore unveiled at UP investor summit on track: Minister.
Of the Rs 33.5 lakh crore investments committed at the Uttar Pradesh Global Investors Summit in February 2023 work on proposals worth Rs 10 lakh crore has already begun, the state’s industry minister said.
Source: financialexpress.com
Govt may consider giving agri subsidies via direct benefit transfer: Shivraj Singh Chouhan.
The government is trying to bring policy-level changes for simplifying agriculture, Union Minister Shivraj Singh Chouhan on Monday said and indicated that providing subsidies on fertiliser, seed and farming equipment through direct benefit transfer could be considered in the future. In an interaction with farmers, who were invited to witness the Republic Day parade as special guests, at his residence here on Monday, the Agriculture and Rural Development Minister said the government spends up to Rs 2,00,000 crore on fertiliser subsidies.
Source: economictimes.indiatimes.com