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Jan 05, 2026 Co-op kiwifruit effort bears fruit in India FTA. Zespri’s CEO sees the new India-New Zealand free trade agreement offering the potential to increase kiwifruit sales there tenfold over the coming decade. The agreement, announced last month, has been welcomed by Jason Te Brake and comes after Zespri initiated a co-operative agreement with the Indian fruit-growing sector over seven years ago. Source: farmersweekly.co.nz
Jan 05, 2026 India-EU FTA talks: Piyush Goyal to visit Brussels this week; talks enter final phase. Union commerce and industry minister Piyush Goyal will travel to Brussels this week for high-level discussions with the European Union on the long-pending India-EU free trade agreement, with negotiations now in their final and most challenging phase.According to an official, Goyal will be in Brussels on January 8 and 9, where he is scheduled to meet Maros Sefcovic, executive vice-president and European commissioner for trade. The minister is expected to leave India on Tuesday night. Commerce secretary Rajesh Agrawal will also be in Brussels for the talks. Source: timesofindia.indiatimes.com
Jan 05, 2026 India's exports may reach $950 billion in FY27 on West Asia trade pacts. India's goods and services exports could reach $840-850 billion in FY26 and rise to about $950 billion in 2026-27, driven by free trade agreements particularly with West Asian countries and strength in services and technology-led sectors such as electronics, exporters said. Rising tariff barriers and climate-linked trade restrictions, however, are expected to pose significant challenges to sustaining export growth, they added. Source: economictimes.indiatimes.com
Jan 05, 2026 India’s AYUSH Exports Surge to $689 Million in 2024–25, Up 6.1%. India’s exports of AYUSH and herbal products grew 6.11 per cent, reaching $688.89 million in 2024–25, up from $649.2 million the previous year, the government said on Sunday. The growth comes after the establishment of the AYUSH Export Promotion Council (AYUSHEXCIL), which has been promoting Indian traditional medicine and wellness products globally through trade facilitation, international exhibitions, B2B meetings, and regulatory support for exporters. Source: indianewengland.com
Jan 05, 2026 Two Key Interventions Launched to Strengthen MSME Exports under Export Promotion Mission. As part of the initial rollout of the Export Promotion Mission, two key interventions under the NIRYAT PROTSAHAN sub-scheme have been launched to strengthen MSME exports and improve access to trade finance. The first intervention relates to interest subvention for pre- and post-shipment export credit, aimed at reducing the cost of export credit and easing working-capital constraints faced by MSME exporters. Source: pib.gov.in
Jan 05, 2026 'India’s traditional systems of medicine are living traditions, not relics of the past': Vice President of India. The Vice President of India, Shri C. P. Radhakrishnan, today inaugurated the 9th Siddha Day celebrations at Kalaivanar Arangam, Chennai, underscoring the relevance of Siddha medicine as a comprehensive, preventive and sustainable healthcare system in the contemporary world. Addressing a distinguished gathering of policymakers, practitioners, academicians and students, he highlighted Siddha’s strong philosophical foundations, scientific depth, and its holistic integration of body, mind and nature. Source: pib.gov.in
Jan 05, 2026 Centre unveils 184 climate‑resilient seed varieties across 25 crops to combat climate change. In a significant boost to India’s agricultural research and seed development ecosystem, Union Agriculture Minister Shivraj Singh Chouhan on Saturday dedicated climate resilient 184 improved varieties of 25 crops to the nation, underscoring the government’s thrust on raising productivity and farmers’ incomes. Addressing a gathering of scientists and government staff to witness the release, Chouhan said India has achieved 'unprecedented success' in the development of high-yielding seeds. Source: thehindubusinessline.com
Jan 05, 2026 India-UK trade pact expected to come into force by first half of 2026: British envoy. The India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to be implemented in the first half of 2026, marking a new era in partnership between the two nations, British Deputy High Commissioner Andrew Fleming said. Speaking to PTI, he described the pact as the most 'comprehensive and ambitious' deal negotiated by both governments. Source: economictimes.indiatimes.com
Jan 05, 2026 India announces Rs.7,295 crore export credit support package to ease financing for exporters. India on Friday announced a Rs. 7,295 crore export support package, comprising a Rs. 5,181 crore interest subvention scheme and Rs. 2,114 crore collateral support, to improve exporters' access to credit. Both measures will be rolled out over a period of six years from 2025-2031. This is the second component of the Export Promotion Mission to be launched after the first component, Rs. 4,531 crore market access support, was rolled out last week. Source: economictimes.indiatimes.com
Jan 05, 2026 India urges Russia to lower trade barriers for Indian exports amid rouble pile-up. India is reportedly pressing Russia to ease trade barriers on Indian electronics, engineering goods, food products and fisheries in an effort to encourage Moscow to utilise $50-55 billion worth of roubles accumulated in bank accounts due to the oil-driven trade imbalance. According to The Times of India, Indian exporters are facing multiple hurdles in accessing the Russian market. In the electronics sector, software-related requirements imposed by Russian authorities have emerged as a key obstacle, while stringent standards are delaying shipments of engineering goods. Local language compliance requirements are also proving to be a challenge for some product categories. Source: economictimes.indiatimes.com
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