UK PM Kier Starmer's Mumbai visit to focus on FTA implementation.
UK PM Keir Starmer's Mumbai visit next week, his first India trip in his official capacity, will bring to focus the growing economic partnership and implementation of the free trade agreement (FTA) at a time when the Trump administration has weaponised tariffs and sought additional concessions under the Indo-US trade pact. On October 9 in Mumbai, PM Narendra Modi and Starmer will take stock of the progress in diverse aspects of the India-UK Comprehensive Strategic Partnership in line with 'Vision 2035', according to officials familiar with the issue.
Source: economictimes.indiatimes.com
Next round of talks on proposed trade pacts with Chile, Peru in Oct, November.
The next round of negotiations between India and two South American countries, Chile and Peru, will be held in October and November, respectively, an official said. The five-day talks with Chile will start on October 27 in Santiago, the three-day deliberations with Peru will begin on November 3 in Lima, the official said.
Source: economictimes.indiatimes.com
Global wheat market poised to continue in the grips of bears.
Global wheat prices are poised to rule bearish, with forecasts pegging the production at a record high of over 815 million tonnes (mt), with estimates of a higher crop in the US, Australia, European Union, Canada, Russia, Ukraine and Kazakhstan, analysts say. This comes at a time when Indian growers are set to plant the main rabi cereal, wheat, from this month.
Source: thehindubusinessline.com
Global conflicts test the resilience of Indian agricultural exports.
In September 2025, the US escalated pressure on India—urging the European Union to impose up to 100 per cent tariffs on Indian goods in a bid to curb Russian oil revenues. This move came shortly after America doubled its tariffs on India to 50 per cent, penalising New Delhi for importing Russian energy. These heavy-duty crosswinds now threaten Indian agricultural exports just as they were gathering momentum.
Source: firstpost.com
India allows exports of de-oiled rice bran after two-year ban.
India on Friday lifted its ban on exports of de-oiled rice bran with immediate effect, ending restrictions that had been in place for more than two years, the government said. Before the ban was imposed in July 2023, India exported 500,000 metric tons of de-oiled rice bran per year, worth about 10 billion rupees, mainly to Vietnam, Thailand, and other Asian countries.
Source: reuters.com
Hopeful to sign trade pact with EU soon: Piyush Goyal.
Commerce and Industry Minister Piyush Goyal on Wednesday expressed hope that India and 27-nation bloc European Union (EU) will sign a free trade agreement soon. The pact is aimed at boosting two-way commerce and investments.
Source: economictimes.indiatimes.com
Indian coffee stands out globally for its sustainability, being cultivated in conjunction with forests: Commerce Secretary.
Commerce Secretary Shri Rajesh Agrawal inaugurated the Coffee Experience Zone and Expo organized by the Coffee Board on the occasion of International Coffee Day. Speaking on the occasion, the Commerce Secretary highlighted that Indian coffee is sustainable and is grown in conjunction with forests. He noted that coffee exports from India have doubled in recent years.
Source: Commerce Secretary Shri Rajesh Agrawal inaugurated the Coffee Experience Zone and Expo organized by the Coffee Board on the occasion of International Coffee Day.
India-Asean officials to meet next week in Jakarta to resume goods trade pact review.
Trade negotiators from India and the 10-nation ASEAN bloc will meet in Jakarta from Monday to push forward the review of their goods trade pact, an official said. The official said that the work on the review of the Asean-India Trade in Goods Agreement has progressed well, but it is still some distance from conclusion for any announcement at the 22nd Asean-India Summit on October 27 in Kuala Lumpur.
Source: economictimes.indiatimes.com
India–EFTA TEPA comes into force with USD 100 billion investment objective and one million direct jobs.
The Prosperity Summit in New Delhi marked the entry into force of the India–EFTA Trade and Economic Partnership Agreement (TEPA). The agreement includes an investment objective of USD 100 billion over 15 years and facilitation of creating one million direct jobs in India, while providing wider goods and services access across Switzerland, Norway, Iceland and Liechtenstein. India’s economic trajectory as the world’s fastest growing large economy towards becoming the world’s third-largest economy would create a strong foundation for prosperity.
Source: pib.gov.in
China, Southeast Asia to redefine global table grape trade.
China is rapidly emerging as a powerhouse in the global table grape trade, challenging established exporters and reshaping demand across Asia, according to the latest RaboResearch report. On the other hand, Southeast Asia offers “'untapped opportunities' for diversification, not only for China but also for competing exporters such as Australia, India and South Africa, which are eyeing the region to offset slowing growth in Western markets.
Source: thehindubusinessline.com