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Feb 06, 2025 News Image India's Modi to visit US and meet Trump next week.
Indian Prime Minister Narendra Modi will visit the US next week and meet President Donald Trump, the White House says. Other reports say Modi will attend a dinner hosted by the US president on the two-day trip. The dates of the official working visit have yet to be announced.
 Source:  bbc.com
Feb 06, 2025 News Image Plan is to create separate agency to implement BharatTradeNet: DGFT.
The Budget announcement to set up BharatTradeNet as a unified platform for trade documentation and financing solutions is an ambitious proposal and there is a plan to create a not-for-profit company to implement this project, a senior government official said on Tuesday. Proposed on the lines of Unified Payments Interface (UPI), the platform will help in moving towards complete digitisation of the entire range of trade documentation and then allow seamless operability of different agencies whichare involved in this, Director General of Foreign Trade (DGFT) Santosh Kumar Saranagi told reporters here.
 Source:  economictimes.indiatimes.com
Feb 06, 2025 News Image APEDA’s financial assistance schemes boost 47.3% surge in India’s fruit and vegetable exports.
The Department of Commerce through Agricultural and Processed Food Products Export Development Authority (APEDA) provides financial assistance to its member exporters of APEDA from across the country, for export promotion of its Scheduled products, including for Fruits & vegetables, under Agriculture and Processed Foods Export Promotion Scheme of APEDA for the 15th Finance Commission Cycle (2021-22 to 2025-26) in following three broad areas.
 Source:  pib.gov.in
Feb 06, 2025 News Image Rabi crop sowing exceeds 661.03 lakh hectares.
The Department of Agriculture & Farmers’ Welfare has released progress of area coverage under Rabi crops as on 4th February 2025.
 Source:  pib.gov.in
Feb 06, 2025 News Image Việt Nam and India trade reached $15 billion in 2024.
Bilateral trade turnover between Việt Nam and India reached around US$15 billion in 2024, marking a 4.5 per cent increase compared to 2023, according to the General Department of Việt Nam Customs. Of this total, Việt Nam’s exports to India amounted to $9.06 billion, up 7.6 per cent year-on-year, while imports from India stood at $5.8 billion, down 0.6 per cent.
 Source:  vietnamnews.vn
Feb 06, 2025 News Image Govt considering export of limited quantity specialty sugar.
The Government is considering the export of 15,000 tonnes of specialty sugar annually, which will not come under the purview of any restrictions, even if imposed. Currently, sugar export is allowed through a permit system issued by the Food Ministry, and there is no separate distinction made for specialty sugar, which are essentially valued-added products.
 Source:  thehindubusinessline.com
Feb 04, 2025 News Image India-Oman joint commission meeting held; focus on enhancing bilateral cooperation.
Union Minister of Commerce and Industry, Piyush Goyal concluded a successful visit to the Sultanate of Oman. During the visit, Goyal co-chaired the 11th session of the India-Oman joint commission meeting with Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion of Sultanate of Oman. The meeting saw productive discussions on enhancing bilateral cooperation in trade, investment, technology, food security, renewable energy and other key areas. The ministers held a productive bilateral meeting, during which he undertook a detailed review of the bilateral trade and economic relations between India and Oman and identified concrete steps to further strengthen the mutually beneficial business ties.
 Source:  fnbnews.com
Feb 04, 2025 News Image India working to cut trade barriers.
India’s reduction of tariffs on the eve of PM Modi’s likely visit to the US in mid-February seems to have helped persuade the Trump administration to not impose tariffs on New Delhi like it has done with Mexico, Canada and China. There are strategic, economic and political factors at play since the partnership between the two countries covers a wide arc, ranging from military technology to outer space.
 Source:  tribuneindia.com
Feb 04, 2025 News Image Piyush Goyal meets Saudi Arabia's Industry Minister to strengthen trade, investment ties.
Union Minister and BJP leader Piyush Goyal on Monday held talks with Bandar bin Ibrahim Alkhorayef, Minister of Industry and Mineral Resources, Saudi Arabia. Goyal said that the two discussed strengthening trade and investment ties between both countries.
 Source:  tribuneindia.com
Feb 04, 2025 News Image Bureau of Indian Standards strengthens engagement with African and Latin American Nations on Standardization.
The Bureau of Indian Standards (BIS) hosted a high-level roundtable discussion to foster collaboration in the field of standardization with African and Latin American nations. The event saw participation from Ambassadors, High Commissioners, and representatives of over 25 countries from these regions, along with officials from the Ministry of External Affairs and the Department of Consumer Affairs.
 Source:  pib.gov.in