FSSAI & DAFF Australia sign MoU on food safety.
FSSAI & Department of Agriculture, Fisheries and Forestry, Australia sign MoU on food safety. The MoU was signed by Rajit Punhani, CEO, FSSAI and Tom Black, first assistant secretary, DAFF, Australia.
Source: fnbnews.com
India's thrust is for Self-reliance (Atmanirbhar) to secure our supply chains; Self confidence (Atmavishwas) to aim for big goals and self protection (AtmaRaksha) to protect the interests of India: Shri Piyush Goyal at CII's partnership summit.
India’s thrust is for Self-Reliance (Atmanirbhar) to secure our supply chains; Self-Confidence (Atmavishwas) to aim for big goals; and Self-Protection (Atmaraksha) to protect the interests of India, said Union Minister of Commerce and Industry, Shri Piyush Goyal. Delivering the address at the Curtain Raiser event for the 30th CII Partnership Summit in New Delhi today, the Minister underlined that great partnerships are built on technology, trust, trade, talent, and tradition.
Source: pib.gov.in
Trade strategy: India pushes 'self-reliance' and 'resilient supply chains'; Piyush Goyal warns against weaponisation.
Commerce Minister Piyush Goyal affirmed India's commitment to self-reliance and resilient supply chains, countering global trade disruptions and weaponization, even as new US tariffs loom. He underscored India's significant investment potential.
Source: timesofindia.indiatimes.com
Government extends RoDTEP by six months to support exporters.
The government on Tuesday extended a key export support measure-the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme-by six months till March 2026, providing relief to exporters facing strain due to higher US tariffs. The scheme was to end on September 30. The US is a key market for Indian exports.
Source: economictimes.indiatimes.com
Trade deal talks with Qatar from next week.
Commerce and industry minister Piyush Goyal will visit Doha next week to kick off talks for a bilateral trade agreement, adding another Gulf nation to the bouquet of countries negotiating trade treaties with India. UAE already has a pact with India. Sources said the minister will travel to Singapore as well, an ASEAN member with which India has a Comprehensive Economic Cooperation Agreement (CECA) but is not satisfied with the outcomes. He will also meet European trade commissioner Maros Sefcovic on the sidelines of the G20 meet in South Africa in Nov. India and EU are trying to conclude an FTA by the year-end. The talks come amid turbulence in the US-India trade relations with 50% tariff on Indian goods entering American markets from Aug 27.
Source: timesofindia.indiatimes.com
India’s trade compass points everywhere at once as FTAs and deals multiply.
India is quietly but steadily positioning itself at the centre of global trade networks. With multiple free trade agreements (FTAs) and strategic partnerships under discussion, the country is signalling rising ambitions for economic cooperation across Asia, Europe, and the Middle East. Commerce and Industry Minister Piyush Goyal has been candid, 'The government is in active negotiations with several countries for Free Trade Agreements (FTAs).'
Source: economictimes.indiatimes.com
Indian research centre develops new banana clones for 2025 .
The ICAR–National Research Centre for Banana (NRCB) in Tamil Nadu is developing two new high-yielding and climate-resilient banana clones that are expected to be launched by late 2025 or early 2026. NRCB Director R Selvarajan said the institute has safeguarded 520 banana varieties collected across India, forming one of the largest banana gene banks. 'We are protecting 520 varieties and helping farmers cultivate more in their regions, including the north-eastern states,' he said.
Source: freshplaza.com
India's trade pact with EFTA bloc to take effect from Wednesday.
India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs on 92.2% of tariff lines for India, while New Delhi will offer concessions on 82.7% of tariff lines covering 95.3% of EFTA exports.
Source: economictimes.indiatimes.com
Plant protection a thorn in boosting India, Russia agricultural trade.
India and Russia are looking to expand their cooperation in trade and education in the agriculture sector by removing some bottlenecks, but given the resistance to move forward with suitable reforms, it may take time to reach some agreements. As Russia has been insisting on earmarking a pest-free zone for enabling more exports, India has been arguing it should be based on testing of products for pests.
Source: thehindubusinessline.com
Air cargo demand extends growth streak to 6 months driven by trade shifts and strong asia performance.
Global air cargo markets continued their positive trajectory in August 2025, with demand rising 4.1% year-on-year, marking the sixth consecutive month of growth, according to the latest data released by the International Air Transport Association (IATA). Total demand, measured in cargo tonne-kilometres (CTK), saw international operations rise even faster at 5.1%. Meanwhile, overall capacity, measured in available cargo tonne-kilometres (ACTK), kept pace with a 3.7% increase.
Source: timesofindia.indiatimes.com