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Jun 05, 2025 News Image India seeks measures to tackle trade distortions.
India has called for action to address trade distortions caused by non-market economies, non-tariff barriers and restoration of a strong dispute settlement mechanism at the World Trade Organization (WTO), commerce and industry minister Piyush Goyal said on Wednesday. The minister, however, insisted that one should not jump to the conclusion that an existential crisis has been created at the multilateral trade body.
 Source:  economictimes.indiatimes.com
Jun 05, 2025 News Image Amul launches milk in Spain, to expand to other parts of EU soon.
The Gujarat Co-operative Milk Marketing Federation Ltd (Amul) on Wednesday announced the launch of Amul milk in Madrid and Barcelona cities of Spain. The Gujarat-based cooperative body said it will subsequently expand to other parts of European Union including Portugal, Germany, Italy and Switzerland.
 Source:  thehindubusinessline.com
Jun 05, 2025 News Image India calls for WTO action on non-tariff barriers, ensuring strong dispute resolution mechanism.
India has called for action to curb non-tariff barriers, address trade distortions caused by non-market economies, and restore a strong dispute settlement mechanism at the WTO, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister also pitched for strengthening the current consensus-based approach at the World Trade Organisation (WTO), the special and differential treatment given to less developed countries and developing countries, and bringing back focus on issues that have already been finalised and mandated at previous ministerial meetings.
 Source:  economictimes.indiatimes.com
Jun 04, 2025 News Image New Centre of Excellence Launched to Drive Agricultural Transformation through South-South Cooperation.
The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), in collaboration with the Research and Information System for Developing Countries (RIS), launched the ICRISAT Centre of Excellence for South-South Cooperation in Agriculture (ISSCA) today during the Conference on Global South and Triangular Cooperation: Emerging Facets, held in New Delhi. The initiative aims to accelerate agricultural innovation and collaboration across the Global South.
 Source:  pib.gov.in
Jun 04, 2025 News Image Piyush Goyal meets Nigerian trade minister to strengthen trade ties.
Piyush Goyal and Jumoke Oduwole Oon met in Paris to enhance trade relations between India and Nigeria, focusing on new cooperation areas. Both ministers aim to advance WTO reforms for mutual benefit during the OECD Ministerial Council Meeting. Goyal's visit to France and Italy underscores India's dedication to strengthening economic ties with key European partners.
 Source:  timesofindia.indiatimes.com
Jun 04, 2025 News Image India-US trade deal in not-too-distant future: US Commerce Secretary Howard Lutnick.
Secretary of Commerce Howard Lutnick has said one should expect a trade deal between India and the US in the 'not-too-distant future' as the two countries have found a place that works for them. 'So the idea is when they put the right person and India put the right person on the other side of the table, and we've managed, I think, to be in a very, very good place,' Lutnick said in his keynote address at the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit here Monday.
 Source:  economictimes.indiatimes.com
Jun 04, 2025 News Image Unlocking Global Markets: How Indian MSMEs Can Capitalize on Emerging Export Opportunities in Food and Superfoods.
India's Micro, Small, and Medium Enterprises (MSMEs) have long been the backbone of the Indian economy, contributing nearly 30% to the nation’s GDP and about 45.7% to its total exports. As global dietary habits evolve towards healthier, natural, and plant-based consumption, there lies an immense opportunity for Indian MSMEs to tap into the export markets for food and superfoods. India’s agro-diversity and traditional knowledge of nutrition position its MSMEs advantageously to supply what the world is increasingly demanding. This article explores emerging export trends, opportunities, challenges, government support schemes, and a strategic path forward for MSMEs in this domain.
 Source:  smestreet.in
Jun 04, 2025 News Image Piyush Goyal pushes for bigger India-France trade game.
India can help French businesses become more competitive in manufacturing and tap global markets, commerce and industry minister Piyush Goyal said on Tuesday, stressing that it could be a shared mission where France and India collaborate closely to strengthen bilateral economic ties. He asked businesses to identify areas of trade where the two sides can help each other in crossing the Rubicon of regulation. 'Indian businesses are foxed navigating between the EU regulations and individual regulations in member countries,' Goyal said while addressing businesses of India and France.
 Source:  economictimes.indiatimes.com
Jun 04, 2025 News Image India, Paraguay can expand trade with MERCOSUR, says PM Modi.
India and Paraguay can partner in expanding regional commerce in Latin America, said Prime Minister Narendra Modi on Monday (June 2, 2025). Mr. Modi welcomed Paraguay’s President Santiago Pena Palacios and presented the MERCOSUR trade bloc in Latin America as an arena where India and Paraguay can work together closely. Mr. Pena who is on his first visit to India described India as a 'key strategic partner' of his country.
 Source:  thehindu.com
Jun 04, 2025 News Image Centre to spend Rs300 crore in setting up 3 horticulture facilities in Maharashtra, says Chouhan.
Union agriculture minister Shivraj Singh Chouhan on Tuesday announced that Central govt will set up three horticulture facilities for grapes, oranges and pomegranates in Pune, Nagpur and Solapur at a cost of Rs300 crore under its clean plants programme. These facilities among others will offer farmers healthy saplings for production of disease-free crops.'State has shown a path to the entire country by producing fine qualities of grapes, pomegranates, oranges, vegetables, and other agricultural produce. Centre will help the farmers increase production and get better returns for their crops,' he said while attending an agri hackathon organised at Agriculture College in Pune.Calling Maharashtra the horticulture hub of the country, the minister said during his recent visits to various states, farmers came up with complaints of not getting healthy saplings. 'Some private companies are also providing saplings that appear to be healthy, but when the yield comes, some bacteria or viruses are found in them,' he said.He said Centre will set up nine facilities across the country to boost horticulture production, of which three will be in Maharashtra.
 Source:  timesofindia.indiatimes.com