23 Jan, 2025
The Northeast can excel in horticulture and agriculture compared to other regions: Singh Shivraj Chouhan. At the ICAR Research Complex for NEH Region, Umiam, Meghalaya, the Golden Jubilee and Farmers Expo 2025 got underway, commemorating 50 years of commitment to agricultural innovation and development in the Northeastern Indian states In the presence of Union Minister of Agriculture & Farmers Welfare Shivraj Singh Chouhan, Meghalaya Chief Minister Conrad K. Sangma, and Minister of Agriculture and Farmers Welfare, Government of Meghalaya M. Amapareen Lyngdoh, who visited the various stalls showcasing the region’s rich agricultural diversity, Meghalaya Governor C. H. Vijayashankar officially opened the program. Source: agrospectrumindia.com |
23 Jan, 2025
India examining US trade memo; directive on bilateral trade deal positive: Sources. India is examining the Trump's memorandum - America First Trade Policy - to assess its impact on the bilateral trade with the US, which is its largest trading partner, sources said on Wednesday. They also said that the White House directive to the United States Trade Representative (USTR) to identify countries with which the US can negotiate agreements on a bilateral or sector-specific basis is a positive development for countries like India. Source: economictimes.indiatimes.com |
23 Jan, 2025
EU and India forge ahead on strategic Partnership with focus on trade, investment and sustainability. Building on the relaunch of negotiations in 2022 for a Free Trade Agreement (FTA), the partnership reflects mutual ambitions to enhance economic ties and address shared global challenges. The EU-India trade relationship is already significant, with the EU ranking as India’s third-largest trading partner, accounting for €88 billion in goods trade in 2021 (10.8% of India’s total trade). Meanwhile, India is the EU’s 10th-largest trading partner, making up 2.1% of the bloc’s goods trade. Trade in services between the two reached €30.4 billion in 2020, further highlighting the depth of the economic relationship. Source: eutoday.net |
23 Jan, 2025
Commerce Minister Piyush Goyal sets a target of 10000 GI tags by 2030;committee to be formed to oversee implementation. Union Minister of Commerce & Industry, Shri Piyush Goyal set a target of reaching 10,000 Geographical Indication (GI) Tags by 2030, at the GI Samagam today in New Delhi, organized by the Department for Promotion of Industry and Internal Trade (DPIIT) and India Today Group. This target will be achieved through a whole of government approach, and the government will constitute a committee to oversee this, added the Minister. The number of GI tags issued by the department till date stands at 605. Source: pib.gov.in |
23 Jan, 2025
'We didn't stop trading...' says EAM Jaishankar on trade with Pakistan, calls 'MFN status' 'longstanding concern'. External Affairs Minister, S Jaishankar addressed the status of India's trade relations with Pakistan, clarifying that New Delhi didn't cease trade, but rather, it was the Islamabad administration that decided to halt trading in 2019. 'We did not stop trading. Their administration made the decision in 2019 to not continue trading with us,' Jaishankar said in a press conference in Washington DC on Wednesday (local time). Source: tribuneindia.com |
23 Jan, 2025
India transforms from importer to exporter, shipping 135,877 tons of Frozen French Fries in 2023-24. In 1992, Lamb Weston, an American processed food company, initiated the import of Frozen French Fries (FF) into India, targeting star hotels. Canadian multinational McCain Foods entered the Indian market in 1996 as the exclusive supplier to McDonald’s, marking its debut in the country. The consumption of these crispy straight-cut deep-fried potatoes surged, with imports exceeding 5,000 tons annually by the mid-2000s and reaching a peak of 7,863 tons in the fiscal year 2010-11. Source: indiashippingnews.com |
23 Jan, 2025
India's rice exports defy restrictions, hold steady in 2024. India's rice exports held steady in 2024 despite New Delhi's export curbs, as record high premium basmati rice shipments offset a decline in overseas sales of non-basmati rice, government and industry officials told Reuters. A steady flow of rice from the world's biggest exporter should help bring down global rice prices and assist New Delhi in reducing stockpiles that have surged to a record high due to a bumper crop. Source: economictimes.indiatimes.com |
22 Jan, 2025
Commerce and Industry Minister Shri Piyush Goyal holds bilateral talks with Belgian Foreign Affairs and Foreign Trade Minister, interacts with industry leaders. The Commerce and Industry Minister of India, Shri Piyush Goyal, met with the Belgian Minister of Foreign Affairs, European Affairs, and Foreign Trade, Mr. Bernard Quintin, in Brussels today to discuss strengthening bilateral trade and investment ties. The meeting reinforced the longstanding relationship between India and Belgium, built on shared values of democracy, rule of law and independent judiciary. The two leaders discussed ways to expand economic cooperation, and explored new avenues to advance this partnership. It may be noted that India-Belgium trade is estimated at over US$ 15.07 billion in 2023-2024 while Foreign Direct Investments from Belgium into India was estimated at over US$ 3.94 billion. Source: pib.gov.in |
22 Jan, 2025
India seeks fair and equitable trade agenda in EU FTA discussions. While stating its intent to work on a 'meaningful trade agenda' with the European Union, India has underlined the need for it to be 'fair and equitable' and made it clear that there was a need to address tariff and non-tariff barriers. During his first meeting with Maroš Šefovi, the European commissioner for trade and economic security in Brussels over the weekend, Union commerce and industry minister Piyush Goyal also asserted that the cooperation on trade and sustainable development should factor in the respective level of developments of the two trading partners and 'the principle of common but differentiated responsibility' should be followed that does not put additional burden on a developing country like India. Source: timesofindia.indiatimes.com |
22 Jan, 2025
Shivraj Singh Chouhan Reviews Agriculture Progress, Urges Senior Officials to Strengthen Coordination with States. Union Minister Shivraj Singh Chouhan, held a high-level review meeting on January 20, 2025, to address agricultural issues. The meeting, held with senior officials from the Agriculture Ministry, focused on rabi crop progress, weather conditions, pest surveillance via the National Pest Surveillance System (NPSS), and the marketing of agricultural products, including import and export dynamics. Source: krishijagran.com |