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Feb 12, 2025 News Image In a big relief to exporters, US removes coconut from its allergen listing.
After years of efforts by various stakeholders in the coconut industry, the US recently decided to remove coconut from the list of food allergens. The decision has brought cheers to the coconut growers, who are mostly from the south Indian states.
 Source:  deccanherald.com
Feb 12, 2025 News Image India-Israel trade: We are moving towards finalising FTA, says Israel’s Economy Minister Barkat.
Israeli Minister of Economy and Industry, MK Nir Barkat expressed his enthusiasm for strengthening Israel’s economic and trade relations with India on Tuesday, although he did not provide a clear timeline for finalising the free trade agreement (FTA). 'We are moving in that direction,' said Barkat, while speaking to the media on the sidelines of the Israel-India Business Summit 2025, organised in New Delhi.
 Source:  economictimes.indiatimes.com
Feb 12, 2025 News Image Sask. agriculture minister heading to India, UAE on trade mission.
As Premier Scott Moe heads to Washington and Mexico in an effort to counter tariffs threatened by United States President Donald Trump, Saskatchewan’s agriculture minister is off to India and the United Arab Emirates in an effort to advance trade relations with those two nations. Daryl Harrison will be leading the trade mission from Tuesday until February 19, meeting with business groups, investors and attending conventions like the Pulse Conclave and the Gulfood Exhibition.
 Source:  ckom.com
Feb 11, 2025 News Image Trade ties in focus ahead of Modi-Trump meeting.
Trade, enhanced purchases of US-made military hardware and energy cooperation are shaping up as the main issues for the upcoming meeting between Prime Minister Narendra Modi and US President Donald Trump, people familiar with the matter said on Monday.
 Source:  hindustantimes.com
Feb 11, 2025 News Image India’s first popcorn consignment to South Korea flagged off from Punjab.
Shivam Mittal, a young entrepreneur from Punjab has become the first exporter from India to send a consignment of coated popcorn under the brand ‘Corn Troopers’ to South Korea.
 Source:  thehindubusinessline.com
Feb 11, 2025 News Image India and EFTA Strengthen Economic Ties with the Inauguration of the India-EFTA Desk.
India and the European Free Trade Association (EFTA) – comprising Switzerland, Norway, Iceland, and Liechtenstein – have taken a significant step towards deeper economic collaboration with the inauguration of the India-EFTA Desk. This initiative follows the recently concluded India-EFTA Trade and Economic Partnership Agreement (TEPA), which positions EFTA as the first European bloc to formalize a trade pact with India. Union Minister for Commerce and Industry, Shri Piyush Goyal hailed TEPA as a landmark agreement, emphasizing India’s growing role in global trade. 'This desk will serve as the bridge between businesses on both sides, ensuring transparency, trust, and ease of doing business,' he stated. He underscored India’s ambition to surpass $100 billion in EFTA investments, highlighting the country’s commitment to fostering equitable and mutually beneficial trade relationships.
 Source:  pib.gov.in
Feb 11, 2025 News Image NABARD, Palladium conduct workshop to help Odisha’s FPOs.
National Bank for Agriculture and Rural Development (NABARD), in collaboration with Palladium Consulting India Pvt Ltd, organised a three-day workshop to provide Odisha’s FPOs (farmer producer organisations) with critical insights and strategies to scale their businesses globally.
 Source:  thehindubusinessline.com
Feb 11, 2025 News Image Boosting Food Processing & Storage Infrastructure in India.
Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) was envisaged as a comprehensive package which will result in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet. It will not only provide a big boost to the growth of food processing sector in the country but also improve the capacity of food processing units which help in providing better returns to farmers and creating employment opportunities especially in the rural areas, reducing wastage of agricultural produce, increasing the processing level and enhancing the export of the processed foods.
 Source:  pib.gov.in
Feb 11, 2025 News Image Soyabean procurement extended in Maharashtra, Telangana.
The Centre has extended the procurement of soyabean in Maharashtra by 24 days (until February 24) and in Telangana by 15 days (until February 15) to protect farmers’ interests. Similarly, groundnut procurement in Gujarat has been extended by six days and in Karnataka by 25 days (both until February 15).
 Source:  thehindubusinessline.com
Feb 11, 2025 News Image Questions raised over beef exports, amid shortage in local supply.
Expressing deep concern over beef exports, the United Goans Foundation (UGF) has called for an inquiry to understand if Goa Meat Complex is exporting beef, leading to a shortage in Goa. The govt-run abattoir appears to be prioritising exports instead of fulfilling its primary objective of catering to the local population, said UGF executive committee member Dominic Noronha.
 Source:  timesofindia.indiatimes.com