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Mar 20, 2025
Egypt And India Strengthen Economic Ties In Key Meeting.
In a significant meeting on March 19, 2025, Egyptian Minister of Investment Hassan Al-Khatib and Indian Minister of State for External Affairs Dr. Subrahmanyam Jaishankar came together to explore ways to enhance the economic and trade relationships between Egypt and India. Emphasizing the critical role that Indian companies play in the Egyptian economy, Minister Al-Khatib noted that currently, there are 55 Indian companies operating across various sectors in Egypt, with total investments amounting to approximately $3.75 billion.
Source:
evrimagaci.org
Mar 20, 2025
India-Latin America & Caribbean (LAC) partnership holds immense potential for economic and trade expansion: Shri Piyush Goyal.
Union Minister of Commerce & Industry, Shri Piyush Goyal highlighted thatthere remains significant untapped potential for economic and trade expansion.Shri Goyal, addressed the 10th CII India-LAC Conclave today at New Delhi, emphasizing the growing importance of India’s economic engagement with the Latin American and Caribbean (LAC) region.
Source:
pib.gov.in
Mar 20, 2025
India’s pulses import bill tops $5-billion mark for FY25.
India’s pulses import bill has crossed a whopping $5 billion for the current financial year on record purchases of tur (pigeon peas/arhar) and chickpeas (chana or gram) by the largest consuming country in the world. Per the Commerce Ministry’s quick estimates, pulses imports crossed $5.03 billion during the April-February period of fiscal 2024-25 – up 58.75 per cent over $3.17 billion a year ago. Overall, imports during 2023-24 were $3.74 billion and the previous high was $4.24 billion during 2016-17.
Source:
thehindubusinessline.com
Mar 20, 2025
India’s coffee exports up 40% to over $1.54 billion in April-Feb 2025 on record prices.
India’s coffee exports have jumped by over 40 per cent in the April-Feb period of current financial year to cross the $1.54 billion mark over corresponding last year’s $1.10 billion on rising global prices. The shipments during the month of February were up 22 per cent in value terms at $178.68 million ($146.08 million), as per the Commerce Ministry’s latest data.
Source:
thehindubusinessline.com
Mar 20, 2025
India focusing on core trade issues in FTAs for early outcomes: Commerce secretary Sunil Barthwal.
India is focusing on core trade issues such as import duty and non-tariff barriers in the proposed free trade agreements (FTAs) for faster outcomes from these negotiations, Commerce Secretary Sunil Barthwal said on Wednesday. He said this approach is important as sometimes it takes 'so much time' to conclude negotiations for these agreements and because of that businesses lose interests.
Source:
economictimes.indiatimes.com
Mar 20, 2025
Closer India-Lat America ties contribute to India’s leadership role in global South.
Closer bilateral and multilateral relations between the Latin American and Caribbean (LAC) countries, like Cuba and India would improve relations amongst countries in the Global South, stated Dr Eduardo Martinez Diaz, Deputy Prime Minister, Republic of Cuba while speaking at the 10th CII India-LAC Conclave with the theme of 'Advancing Economic Alliances for Collaborative Growth' held in New Delhi between 19-20 March 2025.
Source:
economictimes.indiatimes.com
Mar 20, 2025
India offers trade pacts to individual members of Mercosur.
Commerce and industry minister Piyush Goyal Wednesday proposed signing of free trade agreements individually with the members of the 4-member Mercosur bloc comprising Argentina, Brazil, Paraguay and Uruguay. His statement comes as the efforts to expand the Preferential Trade Agreement (PTA) with the Mercosur are stuck.
Source:
economictimes.indiatimes.com
Mar 19, 2025
India, Vietnam enhance parliamentary cooperation and trade ties.
NA Vice Chairman Nguyen Duc Hai met with Speaker of the Indian Lok Sabha (lower house) Om Birla on March 17 as part of his visit to India from March 14-19, aiming to deepen political trust and boost cooperation across a variety of fields. Vice Chairman of the Vietnamese National Assembly Nguyen Duc Hai congratulated India on its impressive development under the leadership of the government and parliament, with the National Democratic Alliance, led by the Bharatiya Janata Party (BJP), at its core. He highlighted India’s significant achievements in the economy, military, and science and technology, which have strengthened its regional and global influence.
Source:
english.vov.vn
Mar 19, 2025
Madhya Pradesh: Agriculture now profitable venture in state: CM.
CM Mohan Yadav on Tuesday said agriculture has become a profitable venture in the state due to continuous innovations and reforms. The state had surpassed Punjab, Haryana and other agricultural leaders in farm development, Yadav told a visiting National Defence College (NDC) delegation. The CM highlighted the massive expansion of irrigation in MP, stating while only 7 lakh hectares of farmland were irrigated in 2002-03, the figure now exceeds 55 lakh hectares. He credited this for improving both productivity and sustainability for farmers.
Source:
timesofindia.indiatimes.com
Mar 19, 2025
India, Sweden seek to boost trade, investment ties.
India and Sweden explored ways to further strengthen their bilateral trade and investment partnership during a meeting between Union Minister of Commerce and Industry Piyush Goyal and Swedish Minister for Foreign Affairs Maria M Stenergard in New Delhi on Monday. Sweden is the 21st largest investor in India, with cumulative foreign direct investment (FDI) inflows amounting to USD 2.51 billion from April 2000 to March 2024.
Source:
tribuneindia.com
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