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Jan 29, 2025 News Image Chilean cherry exports to India almost double.
Chile has nearly doubled its cherry exports to India in the 2024/25 season. With the recent arrival of several sea freight containers, export volumes have surged from 367 tonnes in 2023/24 to 708 tonnes in 2024/25 to date, according to Chilean Cherry Committee of Frutas de Chile.
 Source:  fruitnet.com
Jan 29, 2025 News Image US President Trump calls for 'fair' trade ties with 'tariff maker' India.
US President Donald Trump has grouped India alongside China and Brazil as 'tremendous tariff makers', vowing to impose tariffs on countries he claims harm the United States. During a separate telephonic conversation, Trump urged Prime Minister Narendra Modi to boost India’s procurement of American security equipment to foster a 'fair' bilateral trade relationship.
 Source:  business-standard.com
Jan 29, 2025 News Image DPIIT and JKEDI sign MoU to strengthen startup ecosystem in Jammu & Kashmir.
Department for Promotion of Industry and Internal Trade (DPIIT) and the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) have signed a Memorandum of Understanding (MoU) aimed at fostering collaboration, mentorship, and support for startups in the region. The signing took place during 'Jammu Kashmir Konnect,' a special startup-focused program organized at JKEDI’s Baribrahamna campus, where startups, incubators, and key-way stakeholders gathered to discuss innovation and growth opportunities. DPIIT and JKEDI formally signed the MoU marking a significant step toward strengthening startup support systems in J&K.
 Source:  pib.gov.in
Jan 29, 2025 News Image India-Oman Joint Commission Meeting held; leaders focus on enhancing bilateral cooperation in trade, investment, technology, food security and renewable energy.
Union Minister of Commerce and Industry, Shri Piyush Goyal concluded a successful visit to the Sultanate of Oman from 27-28 January 2025. During the visit, Shri Goyal co-chaired the 11th Session of the India-Oman Joint Commission Meeting (JCM) with H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion of Sultanate of Oman. The JCM saw productive discussions on enhancing bilateral cooperation in trade, investment, technology, food security, renewable energy and other key areas. The Minister held a productive bilateral meeting with Minister Qais 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:  pib.gov.in
Jan 29, 2025 News Image Govt upgrades platform to issue certificates of origin.
To simplify the certification process for exporters and enhance trade efficiency, the government Monday said it has upgraded its system of issuing electronically generated certificate of origin to help exporters. The document is important to claim duty concessions under free trade agreements as it proves where the goods originate.
 Source:  economictimes.indiatimes.com
Jan 29, 2025 News Image India, Oman decide to expedite trade pact talks, ink protocol to amend tax treaty.
India and Oman have decided to expedite the discussions for an early signing of a bilateral Comprehensive Economic Partnership Agreement (CEPA), the government said Tuesday. The two sides have also signed the Protocol to amend the India-Oman Double Taxation Avoidance Agreement (DTAA), aligning it with international standards on cross-border taxation during commerce and industry minister Piyush Goyal’s visit to Oman this week.
 Source:  economictimes.indiatimes.com
Jan 29, 2025 News Image Madhya Pradesh CM Mohan Yadav invites Japanese investments; state exported $92.8 mn goods to Japan.
Madhya Pradesh Chief Minister Mohan Yadav said that the state has exported goods spanning multiple industries worth USD 92.8 million to Japan in 2023-24 on Tuesday, while inviting business leaders to explore investment opportunities in the state. Yadav was speaking during an interactive session on investment opportunities in Madhya Pradesh being held in the Indian Embassy here.
 Source:  economictimes.indiatimes.com
Jan 28, 2025 News Image Projects worth Rs 10 lakh crore unveiled at UP investor summit on track: Minister.
Of the Rs 33.5 lakh crore investments committed at the Uttar Pradesh Global Investors Summit in February 2023 work on proposals worth Rs 10 lakh crore has already begun, the state’s industry minister said.
 Source:  financialexpress.com
Jan 28, 2025 News Image Bangladesh adds nine potato import stations as prices drop and surplus grows.
The National Board of Revenue (NBR) has expanded the number of customs stations for potato imports, adding nine more to facilitate the entry of potatoes from Nepal and Bhutan. This decision aims to diversify the sources of potato imports and reduce reliance on India. The newly included customs stations are Rohonpur in Chapainawabganj, Sonahat in Kurigram, Dhanua Kamalpur in Jamalpur, Nakugaon in Sherpur, Gobrakura and Karaitoli in Mymensingh, and Tamabil, Zakiganj, and Sheola in Sylhet. Previously, imports were limited to four stations, including Benapole and Bhomra. The extension is in place until March, as per a recent gazette.
 Source:  freshplaza.com
Jan 28, 2025 News Image UK trade secy Jonathan Reynolds to visit India in Feb for FTA talks.
Britain's Secretary of State for Business and Trade, Jonathan Reynolds, on Monday revealed plans to visit India next month with a focus on finalising the Free Trade Agreement (FTA) negotiations as part of the UK government's ambition to elevate the bilateral partnership across all sectors.
 Source:  business-standard.com