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Oct 23, 2025 News Image Developing nations must unite on trade issues: Piyush Goyal.
India on Wednesday called on developing and least developed nations to collectively work to address global trade challenges such as tariff barriers, unilateral environmental restrictions and hurdles in the services sector. Commerce and industry minister Piyush Goyal stated that areas may include critical minerals access, fertilizers and supply chain management. India bridges the technological divide via digital public infrastructure which empowers millions, he said.
 Source:  economictimes.indiatimes.com
Oct 22, 2025 News Image US likely to cut tariffs on Indian imports to 15%-16%: Report.
India and the United States are reportedly close to finalising a long-awaited trade agreement that could reduce US tariffs on Indian goods to around 15–16% from the current 50%, reported Mint. According to the report, the proposed agreement mainly focusses on the energy and agriculture sectors. One of the key elements under discussion is India’s gradual reduction of crude oil imports from Russia, a move that aligns with Washington’s efforts to limit global dependence on Russian energy supplies.
 Source:  indiatoday.in
Oct 22, 2025 News Image Onus on Canada to resume free trade talks: India.
The onus is on Canada to resume free trade negotiations, India’s High Commissioner to Ottawa Dinesh Patnaik has indicated. In an interview with the network CTV, which aired on Sunday night, Patnaik said, 'We will discuss with Canada if Canada is ready to sign a free trade deal with us, we will be more than happy to work with Canada. But it is the Canadians who paused it, it’s for the Canadians to restart it.'
 Source:  hindustantimes.com
Oct 22, 2025 News Image EU Council Backs Push to Finalise Free Trade Agreement with India by Year-End.
In a significant step toward deepening economic and strategic ties, the Council of the European Union on Monday approved conclusions on a new EU-India Strategic Agenda, expressing strong support for concluding a Free Trade Agreement (FTA) with India by the end of 2025. In a statement published on its official website, the Council called for a 'balanced, ambitious, mutually beneficial and economically meaningful' trade deal that would include enhanced market access, removal of trade barriers, and robust provisions on sustainable development.
 Source:  indianewengland.com
Oct 22, 2025 News Image India, Russia in talks to resolve non-tariff issues affecting trade amid push for FTA.
As India plans to take a step forward towards free trade agreement (FTA) talks with the Moscow-led Eurasian Economic Union (EAEU), both countries are in active dialogue to address several non-tariff issues, confirmed a source from the Ministry of Commerce. From listings to complex certification and testing requirements, Indian exporters continue to face challenges while tapping the Russian market.
 Source:  newindianexpress.com
Oct 22, 2025 News Image Centre Pushes for Quick Rollout of Schemes to Boost Pulses Production, Transform Farming In 100 Districts.
Union Agriculture Minister Shivraj Singh Chouhan has directed officials to accelerate the implementation of two flagship agricultural schemes aimed at transforming India's farming landscape and achieving self-sufficiency in pulse production. During a high-level review meeting, Chouhan emphasized the time-bound execution of 'Pradhan Mantri Dhan-Dhaanya Krishi Yojana' and the 'Self-Reliance in Pulses Mission', both recently launched by Prime Minister Narendra Modi. The minister announced plans to convene an inter-ministerial meeting with representatives from 11 ministries to ensure coordinated implementation.
 Source:  krishijagran.com
Oct 22, 2025 News Image Bangladesh: ACCGP approves 1 lakh tonnes of rice import worth Tk 446.22 crore.
The Advisers Council Committee on Government Purchase (ACCGP) on Wednesday gave approval for the import of a total of 100,000 metric tonnes of rice, including parboiled and Atap varieties, worth about Tk 446.22 crore, alongside several key infrastructure and power sector proposals at its meeting. Finance Adviser Dr Salehuddin Ahmed chaired the meeting virtually.
 Source:  justnewsbd.com
Oct 22, 2025 News Image India Pushes to Expand Rupee Settlement With Key Trade Partners
India’s central bank is taking active steps to allow free-trade partners to settle transactions with it more easily in the rupee, a person familiar with the matter said, a move that could help boost the local currency over time. Initial steps include establishing direct rupee rates that don’t rely on a third currency, such as the US dollar, for cross-reference, said the person familiar with the central bank’s thinking, asking not to be named because the discussions are private.
 Source:  bloomberg.com
Oct 22, 2025 News Image Trump says he discussed trade with India's Modi.
U.S. President Donald Trump said he spoke with Indian Prime Minister Narendra Modi on Tuesday, with their conversation focused largely on trade. 'We talked about a lot of things, but mostly the world of trade,' Trump told reporters in the Oval Office.
 Source:  reuters.com
Oct 22, 2025 News Image New Delhi to host 2-day global rice conference from Oct 30.
Over 5,000 farmers and 1,000 cooperatives are expected to take part in the two-day Bharat International Rice Conference (BIRC) 2025 to be held in New Delhi’s Bharat Mandapam from October 30. Indian Rice Exporters’ Federation (IREF) is organising the event in collaboration with the Agricultural and Processed Food Products Export Development Authority (Apeda), a nodal agency for agricultural and processed food exports.
 Source:  thehindubusinessline.com