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Jan 31, 2025 News Image India, UK to relaunch talks on free trade, investment pact: UK high commissioner.
The UK and India will relaunch talks on free trade and a bilateral investment treaty, British High Commissioner to India Lindy Cameron said Wednesday. This follows Prime Minister Narendra Modi and UK Prime Minister Keir Starmer’s decision to resume FTA negotiations, on the sidelines of the G-20 Summit in November.
 Source:  economictimes.indiatimes.com
Jan 31, 2025 News Image Imported vegetables will take up more shelf space in Russian stores.
'Many types of fruit don't grow in Russia—such as bananas and citrus—or are produced in minimal quantities due to harsh climate conditions and a lack of necessary technologies and materials. This applies to pears, grapes, cherries, peaches, nectarines, and apricots, which make up less than 10-15% of domestic consumption. The most notable exception is apples, where local producers supply 50-70% of the market, as well as plums, with a domestic share of 30-40%,' Koziy explained.
 Source:  hortidaily.com
Jan 31, 2025 News Image India eyes doubling bilateral trade with Türkiye: Envoy.
India aims to double its bilateral trade with Türkiye, the country's ambassador to Ankara said recently, pointing there are areas where 'good progress' can be made. Speaking to Anadolu Agency (AA), Muktesh Pardeshi, the South Asian country's new ambassador to Ankara, emphasized India’s goal of doubling bilateral trade with Türkiye to strengthen ties further.
 Source:  dailysabah.com
Jan 31, 2025 News Image India’s import of pulses doubled in 2024; Industry asks for curbs.
India’s import of pulses in 2024 was double compared with the prior year and an all-time high, as climate changes had hurt local production. However, analysts said the imports were much more than what were required to bridge the demand-supply gap, as the government wanted to flood the market with yellow peas to control retail inflation. The industry has now requested to impose duties to curtail imports in 2025.
 Source:  economictimes.indiatimes.com
Jan 31, 2025 News Image UP Launches Rs 4,000-Crore UP-AGREES Project to Boost Agricultural Growth and Rural Economy.
Uttar Pradesh Chief Minister Yogi Adityanath recently inaugurated the UP-AGREES (Uttar Pradesh Agriculture Growth and Rural Enterprise Ecosystem Strengthening) project in Lucknow. Valued at Rs 4,000 crore, the project aims to transform agriculture and rural enterprises in the state. It is expected to increase agricultural productivity by up to 35% and strengthen the rural economy, marking a significant milestone for farmers and agribusinesses.
 Source:  krishijagran.com
Jan 31, 2025 News Image India reviews Donald Trump's new trade policy.
India is conducting a legal review of US President Donald Trump's America First Trade Policy to gauge its implications on the country's trade agenda. The commerce and industry ministry is undertaking a paragraph-wise review of the executive order issued by Trump last week on the trade policy that entails the US identifying countries with which it can negotiate agreements bilaterally or on a sector-specific basis.
 Source:  economictimes.indiatimes.com
Jan 31, 2025 News Image Applications open for creation/expansion of food processing units under PMKSY.
The Ministry of Food Processing Industries, Government of India, has announced the opening of applications under the Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) scheme, a component of the Pradhan Mantri Kisan SAMPADA Yojana (PMKSY). This initiative is aimed at empowering prospective entrepreneurs from the general category to set up food processing units outside Mega Food Parks and Agro Processing Clusters.
 Source:  foodtechbiz.com
Jan 31, 2025 News Image Prices of rice exported from India steady at 18-month low on muted demand.
Prices of rice shipped from top exporter India were steady at an 18-month low while Thai rates were also unchanged from last week, amid muted demand and rising supplies. India's 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken white rice was quoted at $432 to $440 per ton this week.
 Source:  business-standard.com
Jan 30, 2025 News Image India, UK to relaunch talks on free trade, investment pact: UK high commissioner.
The UK and India will relaunch talks on free trade and a bilateral investment treaty, British High Commissioner to India Lindy Cameron said Wednesday. This follows Prime Minister Narendra Modi and UK Prime Minister Keir Starmer’s decision to resume FTA negotiations, on the sidelines of the G-20 Summit in November.
 Source:  economictimes.indiatimes.com
Jan 30, 2025 News Image India, Oman agree to speed up talks on signing bilateral economic pact.
India and Oman have agreed to expedite the discussions for an early signing of the bilateral Comprehensive Economic Partnership Agreement (CEPA), which is under advanced stages of negotiations, according to a statement issued by the Ministry of Commerce and Industry on Tuesday. Commerce and Industry Minister Piyush Goyal concluded a successful visit to Oman from January 27-28. CEPA will be a new milestone in bilateral trade relations and has the potential to significantly scale up two-way trade and investments, the statement said.
 Source:  retail.economictimes.indiatimes.com