Free trade pact talks on with multiple nations, US too: Commerce & industry minister Piyush Goyal.
India is negotiating free trade agreements (FTAs) with a number of countries including the US, New Zealand, Oman, Peru, Chile and the EU, commerce and industry minister Piyush Goyal said Monday. He also said the Trade and Economic Partnership Agreement (TEPA) between India and four-nation European Free Trade Association (EFTA) will come into force from October 1. It was signed on March 10, 2024.
Source: conomictimes.indiatimes.com
Russia exports rapeseed oil to India for the first time.
According to expert estimates in 2025 Russia exported rapeseed oil to India for the first time on record - 1.5 thousand tons worth $1.6 million. Previously no shipments of this product had been recorded reports Zerno On-Line.
Source: apk-inform.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. Several agri products like potato, pomegranate, fisheries and dairy items have been identified by India where there is scope for expansion. The Russian side wants exports of products only from pest-free zones, so that those are better monitored, the sources said.
Source: thehindubusinessline.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
Philippines rice import suspension could last to end of 2025 to support local farmers.
AN ongoing two-month suspension of rice imports will be extended by at least 30 days as the government moves to shore up palay buying prices, Agriculture Secretary Francisco Tiu Laurel Jr. said on Monday. 'I met with the President last week. It was decided that our import ban will be extended by a minimum of 30 days,' Tiu Laurel said in a mix of English and Filipino.
Source: manilatimes.net
Indian Exporters Advised to Leverage India–UK CETA for Growth, MSMEs Urged to Tap New Markets.
The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce & Industry, hosted an outreach programme on the recently concluded India–UK Comprehensive Economic and Trade Agreement (CETA) at Bharat Mandapam, New Delhi. Themed 'Gateway to Growth: Harnessing Opportunities under India–UK CETA', the event brought together senior government officials, diplomats, Export Promotion Councils (EPCs), industry leaders, and trade associations to deliberate on the transformative potential of the Agreement for Indian exporters.
Source: pib.gov.in
Africa’s trade realignments shift toward Asian partners.
African trade links with China, India and Russia are not new. Each has been growing steadily since the BRICS trade bloc was established in 2009, an intergovernmental organisation comprising Brazil, India, China, Russia, and South Africa, among others. What is new in 2025 is the imposition of tariffs on African goods, reducing the continent’s access to US markets. There are exceptions because US manufacturers covet Africa’s natural resources like rare earth minerals. For the rest of Africa’s products, Washington’s tariffs range from 15% on Ghanaian goods to 30% on South African goods and 50% on Lesotho goods.
Source: polity.org.za
Trump's commerce secy sets ‘open market’ condition for India amid trade deal talks: ‘You’ve got to play ball'.
The United States continues to play hardball with India over trade and tariffs as the American commerce secretary, Howard Lutnick, pointedly said on Sunday: 'If you want to sell to the US consumer, right, you've got to play ball with the President of the United States.' Lutnick listed India among countries that need to 'open their markets' and 'stop taking actions that harm America' — adding to the condition that India must stop buying oil from Russia.
Source: hindustantimes.com
World Food India 2025 Secures Investment Commitments Worth Rs.1.02 lakh crores.
World Food India 2025, organized by the Ministry of Food Processing Industries (MoFPI), concluded on a historic note with investment commitments of unprecedented scale. Over the course of the four-day event, 26 leading domestic and global companies signed Memoranda of Understanding (MoUs) worth a total of ₹1,02,046.89 crore, marking one of the largest investment announcements in India’s food processing sector. These MoUs are projected to generate direct employment for over 64,000 people and create indirect opportunities for more than 10 lakh individuals, reinforcing the government’s vision of positioning India as a global hub for food processing.
Source: pib.gov.in
India, Russia discuss BRICS grain exchange plan to boost agriculture trade ties.
Prime Minister Narendra Modi met Russian Deputy Prime Minister Dmitry Patrushev in New Delhi on Thursday (September 25, 2025) and discussed plans of creating a common agricultural food exchange that will help in boosting agriculture trade among the BRICS member-countries. Mr. Modi conveyed his greetings to President Vladimir Putin saying he is looking forward to welcoming him for the 23rd India-Russia annual summit to be hosted here later this year.
Source: thehindu.com