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May 28, 2025 News Image FSSAI notifies guidelines for recycled-PET material for beverage makers, labelling norms specified.
The Food Safety and Standards Authority of India (FSSAI) has notified guidelines specifying the accepted criteria for food-grade recycled PET (Polyethylene terephthalate) which can be used as food contact material by beverage makers. The guidelines, which specify various aspects of r-PET recycling, also introduced a new logo that will need to be displayed on labels along with information on the percentage of recycled PET material used in the packaging material. The food safety authority has said that this logo has been developed to ensure 'easy identification' and 'for the benefits of consumers'.
 Source:  thehindubusinessline.com
May 28, 2025 News Image Piyush Goyal meets exporters, urges higher FTA use; US, EU trade deals figure in discussions.
Commerce and Industry Minister Piyush Goyal on Tuesday discussed a host of issues, including ongoing trade talks with the US and EU, in a meeting with exporters and urged them to increase the utilisation of free trade agreements (FTAs), industry officials said. The minister also stated that support could be provided to exporters to deal with European Union (EU) regulations like Digital Product Passport (DPP), they said. The other issues that figured in the deliberations held by Goyal with exporters include the proposed centralised exporters portal, and ways to further boost exports of services and value-added goods.
 Source:  economictimes.indiatimes.com
May 28, 2025 News Image Trade pacts, Red Sea route resumption to aid India’s FY26 exports to $1 trn: FIEO.
India’s overall goods and services exports are expected to reach $1 trillion in FY26 aided by more trade agreements with key trade partners coming into force amid Indian export consignments having gradually started moving through the Red Sea route again, Federation of Indian Export Organisations (FIEO) said Tuesday. In 2024-25, India’s exports were $825 billion. FIEO President S C Ralhan said that merchandise exports will increase to $525-535 billion this fiscal from $437 billion, led by electronics, agriculture and petroleum products while services exports are seen rising to $465-475 billion from $387 billion.
 Source:  economictimes.indiatimes.com
May 28, 2025 News Image Application invited for Setting up of multi-product Food Irradiation units.
Ministry of Food Processing Industries, Government of India, has invited proposals through Expression of Interest (EoI) dated 27.05.2025 under the Scheme for Cold Chain and Value Addition Infrastructure (Cold Chain scheme) of PRADHAN MANTRI KISAN SAMPADA YOJANA (PMKSY) from eligible entities (prospective entrepreneurs) across the country for setting up of multi product Food Irradiation units.
 Source:  pib.gov.in
May 28, 2025 News Image Assam Eyes Southeast Asia Market Via India-Myanmar-Thailand Highway To Boost Semiconductor Exports.
Assam Chief Minister Himanta Biswa Sarma on Monday (26 May) in an interview with the Mint said the India-Myanmar-Thailand (IMT) highway will become a strategic economic corridor for Assam within the next three years, enabling the state to export semiconductor chips and attract investments from Southeast Asia.
 Source:  swarajyamag.com
May 28, 2025 News Image Application invited for the setting up of Cold Chain projects from eligible entrepreneurs.
Ministry of Food Processing Industries, Government of India, has invited proposals through Expression of Interest (EoI) dated 27.05.2025 under Scheme for Cold Chain and Value Addition Infrastructure (Cold Chain scheme) of PRADHAN MANTRI KISAN SAMPADA YOJANA (PMKSY) from eligible entities (prospective entrepreneurs) across the country for setting up of Cold Chain projects.
 Source:  pib.gov.in
May 28, 2025 News Image US-India trade pact to open new market access and energise exports: Finmin report.
A successful US-India bilateral trade agreement could flip current headwinds into tailwinds, opening up new market access and energising exports, said a report by the finance ministry on Tuesday. India and the US are likely to agree on an interim trade agreement before July 8 with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods. The US on April 2 imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days till July 9. However, the 10 per cent baseline tariff imposed by America remains in place.
 Source:  economictimes.indiatimes.com
May 27, 2025 News Image India, Maldives to review implementation of economic, maritime security partnership on Monday.
External Affairs Minister S Jaishankar and his Maldivian counterpart Abdulla Khaleel will on Monday take stock of the implementation of the India-Maldives comprehensive economic and maritime security partnership. Khaleel, accompanied by a high-level delegation, is paying a three-day visit to India beginning Sunday evening. It is his third trip to India this year.
 Source:  economictimes.indiatimes.com
May 27, 2025 News Image Kenya vegetable exports to India surge on EU checks.
Kenyan exporters of vegetables turned to India as one of the alternative markets for their produce after the European Union tightened checks on chemical residues, locking out non-compliant supplies. Earnings from sales of fresh vegetables surged more than five times last year despite the value of total exports more than halving because of stricter checks by the 27-nation EU trading bloc.
 Source:  businessdailyafrica.com
May 27, 2025 News Image India, US accelerate trade talks ahead of July deadline; officials from Washington likely to visit Delhi soon.
A team of US officials is expected to visit India in the coming weeks for the next round of negotiations on the proposed interim trade agreement between the two countries, according to sources cited by PTI. The visit comes at a critical juncture as both sides push to finalise the deal before the July 9 deadline.
 Source:  financialexpress.com