All possibilities on table: Piyush Goyal on resuming FTA talks with Canada.
Commerce and Industry Minister Piyush Goyal has said all possibilities are on the table regarding the resumption of free trade agreement (FTA) negotiations with Canada. Goyal said he has held two rounds of discussions with Canada's Minister of Export Promotion, International Trade and Economic Development Maninder Sidhu and both are exploring ways to strengthen bilateral cooperation and the strategic partnership.
Source: economictimes.indiatimes.com
India, Chile to likely hold talks on proposed trade pact in December.
The next round of negotiations between India and Chile on the proposed free trade agreement is expected to be held in December, an official said. The pact with the the South American nation may help India access critical minerals, which are key inputs for electronics, auto, and solar sectors.
Source: economictimes.indiatimes.com
India allows 1.5 mln ton sugar exports on higher domestic surplus.
India allowed sugar exports of 1.5 million metric tons in the new season, the government said in a notification on Friday, as a decline in the diversion of sugar for ethanol production is expected to leave a larger domestic surplus. Higher exports from the world's second-largest sugar producer could pressure benchmark New York and London futures ,, which are hovering near five-year lows.
Source: economictimes.indiatimes.com
Next round of talks on proposed trade pact with Chile likely in Dec.
The next round of negotiations between India and Chile on the proposed free trade agreement is expected to be held in December here, an official said. The pact with the the South American nation may help India access critical minerals, which are key inputs for electronics, auto, and solar sectors.
Source: business-standard.com
NZ reviews 2025 apple season and Indian grower partnership.
Although the timing of World Apple Day does not align with the Southern Hemisphere production cycle, with New Zealand orchards currently holding small green fruitlets, the occasion offers growers a moment to review the past season. The 2025 harvest delivered high-quality fruit, strong yields, and a favourable export outcome for New Zealand producers.
Source: freshplaza.com
Government to organise workshops for edible oil industry to ensure smooth implementation of new norms.
The Government of India is set to organise a series of nationwide workshops for edible oil manufacturers, refiners, and traders to ensure effective implementation of the newly introduced regulatory norms for the edible oil sector. The initiative aims to enhance transparency, ensure product quality, and strengthen consumer confidence in one of India’s most essential food segments. According to officials from the Ministry of Consumer Affairs, Food and Public Distribution, the workshops will be conducted in collaboration with the Food Safety and Standards Authority of India (FSSAI) and state food departments. These interactive sessions will educate stakeholders about compliance requirements under the updated Food Safety and Standards (Packaging and Labelling) Regulations and the Legal Metrology (Packaged Commodities) Rules.
Source: fnbnews.com
Commerce Secretary Shri Rajesh Agrawal visits Moscow for the 26th Meeting of the India-Russia Working Group on Trade & Economic Cooperation.
Commerce Secretary Shri Rajesh Agrawal met Mr. Vladimir Ilyichev, Deputy Minister of Economic Development of the Russian Federation, for the 26th Meeting of the India-Russia Working Group on Trade & Economic Cooperation under the aegis of the Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC). The two sides reviewed bilateral trade, which has risen to well over twice the leaders’ 2014 benchmark of US$25 billion, and took note of the shared objective of US$100 billion by 2030. A forward looking protocol for trade and economic cooperation across multiple sectors was finalised and signed during the meeting.
Source: pib.gov.in
India expands frozen french fry exports from Gujarat.
Fifteen years ago, frozen french fries in India mostly arrived on ships docking in Mumbai and Chennai. Today, they are exported from Gujarat to markets in Dubai, Manila, Kuala Lumpur, and other destinations.
Source: freshplaza.com
Govt to soon allocate Rs 2,000 cr for Credit Guarantee Scheme for Exporters.
The government will soon allocate Rs 2,000 crore for the Credit Guarantee Scheme for Exporters announced by the Union Cabinet on Wednesday, sources said. National Credit Guarantee Trustee Company Limited (NCGTC) would require Rs 2,000 crore to extend credit facilities of up to Rs 20,000 crore to eligible exporters, sources said, adding that some money is already with the company.
Source: economictimes.indiatimes.com
Prime Minister Modi to address South India Natural Farming Summit 25 in Coimbatore on November 19.
Prime Minister Narendra Modi will visit Coimbatore on November 19 to address the South India Natural Farming Summit 25 to be hosted in Coimbatore by farmers’ associations in Tamil Nadu, to take forward farming practices propagated by late G. Nammazhvar, organic farming expert. The Prime Minister, after his inaugural address, will interact with 50 scientists specialising in organic agriculture from the Southern States at tje CODISSIA Hall, to chalk out policies for broad-basing Natural farming.
Source: thehindu.com