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May 22, 2025 News Image India unveils SPICED scheme to promote sustainable, value-added spice exports.
The Spices Board has announced the launch of the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the financial year 2025–26. The scheme offers financial assistance across various components, aiming to enhance sustainability, foster innovation, and promote export development in the Indian spices sector. Online applications will open on May 26.
 Source:  thehindubusinessline.com
May 22, 2025 News Image India Assumes Chairmanship of Asian Productivity Organization at 67th Governing Body Meeting in Jakarta.
India has formally assumed the Chairmanship of the Asian Productivity Organization (APO) for the 2025–26 term during the ongoing 67th Session of the Governing Body Meeting (GBM) of the APO, being held from 20–22 May 2025 in Jakarta, Indonesia. The Indian delegation is led by Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), and APO Director for India, Shri Amardeep Singh Bhatia, IAS.
 Source:  pib.gov.in
May 22, 2025 News Image India, EU looking for early harvest trade agreement by July: Official.
Negotiations for a proposed trade pact between India and the 27-nation European Union are progressing at a faster pace and both the sides are looking at concluding the talks for an early harvest trade agreement by July this year, a government official said on Wednesday. The early harvest or an interim trade agreement would include issues such as intellectual property rights (IPRs), government procurement, tariff, and non-tariff barriers, the official said.
 Source:  economictimes.indiatimes.com
May 22, 2025 News Image India’s mango exports to the US grow, irradiation operations normalised after data error: Official.
India’s mango exports to the US are growing and the irradiation operations at a key mango treatment facility in Mumbai have been normalised after a brief disruption due to a data recording error earlier this month, an official said Tuesday. The Mumbai-based irradiation facility, which handles the highest volume of mangoes destined for the US, faced an issue during the irradiation process conducted on May 8 and 9, 2025 which led to the rejection of 12 mango consignments by American authorities due to discrepancies in treatment data.
 Source:  economictimes.indiatimes.com
May 22, 2025 News Image South African citrus exports to India triple to 30,000 tons.
South African seedless citrus is making inroads into the Indian market, largely due to increasing demand for easy-peel varieties such as oranges and mandarins. Exporters and logistics providers are adopting innovative strategies to navigate regulatory and logistical challenges, ensuring the availability of citrus during India's off-season.
 Source:  freshplaza.com
May 22, 2025 News Image Bears continue to dominate global rice market.
The global rice market continues to be in the grips of bears, with prices ruling almost unchanged or undergoing minor changes over the past 3-4 weeks. Industry sources say the demand has been slack in Africa and South-East Asia. Buyers and sellers are exercising caution in trade.
 Source:  thehindubusinessline.com
May 22, 2025 News Image Haryana State Level Sanctioning Committee Approves Rs. 1267.49 Crore Annual Plan to Boost Agriculture and Horticulture Sectors.
The Haryana State Level Sanctioning Committee (SLSC) of Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) convened under the chairmanship of Chief Secretary Mr. Anurag Rastogi has approved the annual plan worth Rs. 1267.49 crore for the year 2025-26. This substantial funding aims to propel the field of agriculture and horticulture in the state to new heights.
 Source:  en.krishakjagat.org
May 22, 2025 News Image European buyers insist on EUDR compliant coffee from July 1.
European buyers have started insisting that the coffee shipped by Indian exporters from July 1 to be compliant with the European Union Deforestation Regulation (EUDR) norms. The buyers’ stance to import EUDR compliant coffees at least six months ahead of the enforcement of proposed EUDR norms, which are set to come into effect from Dec 30, 2025, may pose challenges to the Indian coffee shipments especially the robustas as a major section of the growers and exporters are yet to gear up to comply to the proposed norms.
 Source:  thehindubusinessline.com
May 22, 2025 News Image India and Singapore Strengthened Trade Ties with AEO Agreement.
The agreement was formalised between Shri Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes and Customs (CBIC) of India, and Mr. Tan Hung Hooi, Director-General of Singapore Customs. The AEO MRA aims to recognise the compatibility of both countries’ Authorised Economic Operator programmes. This arrangement is expected to facilitate faster and more secure customs procedures for certified companies, thereby promoting trusted trade and improving the efficiency of regional supply chains. It also underscores the commitment of both nations to improving cross-border trade facilitation and enhancing economic cooperation in the Asia-Pacific region.
 Source:  indiplomacy.com
May 22, 2025 News Image Tea Board looking at tea tasting certification course to skill youth: Commerce secretary Sunil Barthwal.
The Tea Board of India will explore the possibility of launching certification courses in tea tasting to skill the youth and promote tea literacy and tourism in the sector, commerce secretary Sunil Barthwal said Wednesday on the International Tea Day. 'The Tea Board is trying to take steps to establish a centre for tea tasting certification courses in the country,' Barthwal said, adding that this will also contribute to promoting tea tourism.
 Source:  economictimes.indiatimes.com