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Mar 18, 2025 News Image India and New Zealand to begin talks on FTA after a decade, announces PM Modi.
India and New Zealand have decided to start detailed negotiations on a mutually beneficial free trade agreement, Indian Prime Minister Narendra Modi said on Monday after talks with his New Zealand counterpart Christopher Luxon. The FTA was stalled in 2015 following their failure to narrow differences in sensitive areas including dairy and agriculture.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image RBI permits settlement of trade transactions with Maldives in local currencies.
Reserve Bank on Monday said India's bilateral trade transactions with Maldives may also be settled in INR and/or MVR in addition to the ACU mechanism. Asian Clearing Union (ACU) is a payment arrangement whereby the participants settle payments for intra-regional transactions among the participating central banks on a net multilateral basis.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image 35,000 tonnes of rice from India, Vietnam arrive at Bangladesh port.
Two ships carrying 35,000 tonnes of rice from India and Vietnam have arrived at Chittagong port, Bangladesh Food Ministry said in a statement on Monday. 'MV Tanais Dream carrying 22,500 tonnes of parboiled rice from India through an open tender and MV Hong Linh 1 carrying 12,500 tonnes of parboiled rice from Vietnam under the (Government-to-Government) G-to-G agreement executed on February 3, 2025 (2nd shipment) have arrived at Chittagong port', the statement said.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image Bilateral trade pact on track, but yet to talk US reciprocal tariffs.
India has not broached the issue of reciprocal tariffs in its trade talks with the United States, but the two countries are finalising the scope and schedules of the proposed Bilateral Trade Agreement (BTA), officials said. These could be finalised in the next few weeks. New Delhi is proactively engaging with Washington following the positive talks that commerce and industry minister Piyush Goyal had in person with his American counterparts during his recent visit, officials said.
 Source:  economictimes.indiatimes.com
Mar 17, 2025 News Image Proposal for guava, drumstick and tamarind to get GI tag in Tamil Nadu.
Guava and Tamarind farmers from Dindigul were delighted after proposal to obtain Geographical Indication (GI) tag was announced for 'Ayakudi' Guava, 'Natham' Puli (tamarind), 'Kappalpatti' Karumbu (sugarcane) and Murungai (drumstick), in the TN Agri Budget 2025. Products with GI tag ensures immediate acknowledgement, increases market demand and creates export opportunities.
 Source:  newindianexpress.com
Mar 17, 2025 News Image APEDA showcases India’s Organic Excellence at Natural Products Expo West 2025.
The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India’s rich agricultural heritage and growing organic sector at the Natural Products Expo West 2025, held from March 4 to 7, 2025, at the Anaheim Convention Centre, California, USA. To enhance India’s global presence in the organic market, APEDA facilitated the participation of 13 leading Indian exporters, representing a diverse range of organic products, including rice, oilseeds, herbs, spices, pulses, nuts, ginger, turmeric, large cardamom, cinnamon, mango puree, and essential oils. The curated display underscored India’s agricultural strength and commitment to sustainability, quality, and international standards.
 Source:  indiashippingnews.com
Mar 17, 2025 News Image APEDA showcases India’s Agricultural and Processed Food Excellence at the 39th Edition of AAHAR 2025.
The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India’s agricultural and processed food excellence at the 39th edition of AAHAR 2025, organized by the India Trade Promotion Organization (ITPO) from 4th to 8th March 2025 at Bharat Mandapam, New Delhi. The event marked a significant milestone in highlighting India’s prowess in the agriculture and food processing sector.
 Source:  indiashippingnews.com
Mar 17, 2025 News Image India Set To Surpass $800 Billion In Exports This Year, Services Lead The Way: Piyush Goyal.
India is on the path to cross $800 billion in exports this year with the major share of Services exports, Union Minister of Commerce and Industry, Piyush Goyal, has reiterated. Reflecting on the changing global scenario, the minister has assured that the government is working on overtime basis and will leave no stone unturned to ensure a good future for Indian exporters, both merchandise and service and to protect the interest of the country.
 Source:  news.abplive.com
Mar 17, 2025 News Image Ukraine foreign min to visit Mumbai on Wednesday to deepen trade ties.
Ukraine’s Foreign Minister Andrii Sybiha will be visiting the city on Wednesday to deepen trade ties between the war-impacted country and India, organisers said on Sunday. Sybiha will be attending a trade event in the World Trade Centre (WTC) here along with his delegation which includes senior diplomats from his ministry and also Ukraine’s Ambassador to India Oleksandr Polishchuk, as per chairman of WTC Vijay Kalantri.
 Source:  millenniumpost.in
Mar 17, 2025 News Image Govt to assist exporters overcome global challenges: Shri Piyush Goyal.
The Union Minister of Commerce & Industry Shri Piyush Goyal during his address to the EPCs and Industry Associations has complimented the positivity amongst the exporter community and their optimism to convert this crisis that the world is facing today into an opportunity. Reflecting on the changing global scenario, the Minister has assured, all the EPCs that Government is working on overtime basis and will leave no stone unturned to ensure a good future for Indian exporters, both merchandise and service and to protect the interest of the country.
 Source:  pib.gov.in