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Jul 14, 2025 California walnuts will gain boost from India tariff cut. Nick Papagni of AgNet West discussed the walnut outlook with Michael Jameson of Morada Nut Company, noting shifts in crop projections and trade dynamics. Jameson remarked, 'This year's crop is estimated at 650,000 to 700,000 tons, which is ideal for California. Last year, prices were up, but yields were down. This year, we're hoping for strong yields and solid prices, which could finally deliver real profits to growers.' Source: freshplaza.com
Jul 14, 2025 APFPS to launch incubation centre developed in association with MoFPI. The Andhra Pradesh Food Processing Society will launch a Common Incubation Centre (CIC) at Tirupati IIT on July 13. The state-of-the-art CIC has been developed in association with the Ministry of Food Processing Industries (MoFPI) under the PM Formalisation of the Micro Food Processing Enterprises (PMFME) scheme. Source: fnbnews.com
Jul 14, 2025 India’s Banana Exports Surge Tenfold to $250.6 Million, Yet Global Share Remains Just 1.2%. India’s banana exports have grown remarkably—from USD 25 million in 2010 to USD 250.6 million in 2023, according to APEDA. Despite this tenfold growth, India still lags behind in the global banana trade, accounting for only 1.2% of total global exports, despite being the largest producer. This underperformance is rooted in fragmented farms, lack of cold chain infrastructure, and heavy reliance on air freight. Most competing countries, such as Ecuador and the Philippines, export via cost-effective sea routes, giving them a distinct price and volume advantage. Source: krishijagran.com
Jul 14, 2025 Best of Indian mangoes showcased in Seattle. Seattle got a taste of the best of Indian mangoes at a special event hosted to showcase a variety of the popular fruit and explore opportunities for wider availability of premium mangoes from India in the regional market. The Consulate General of India in Seattle, in partnership with the Agricultural and Processed Food Products Export Development Authority (APEDA), hosted a special event on Thursday showcasing the ‘Flavors of Indian Mangoes’. Source: thehindubusinessline.com
Jul 14, 2025 Are farmer producer organisations the future of India’s agriculture. The Indian agricultural system suffers from low productivity and low incomes for farmers, impacting the lives of roughly 100 million small and marginal holder farmers (SMFs), resulting in low stability & predictability of livelihoods, as well as extreme vulnerability to external shocks. Policymakers started to realise that if the plight of the Indian SMFs is to be resolved, then the entire household-level farming system has to move from subsistence agriculture to market-facing agriculture. But the SMF had a negligible surplus and the skills and knowledge to produce for the market. Source: thehindubusinessline.com
Jul 14, 2025 India, Australia trade talks hit dairy, wine tariff hurdles as year-end deadline looms, say sources. India has rejected Australia's push for deeper tariff cuts on dairy and alcohol, hampering efforts to conclude the second phase of a trade pact by year-end, two Indian government sources said. An interim trade pact signed in 2022 lowered tariffs on a range of goods, but negotiations on a broader Comprehensive Economic Cooperation Agreement (CECA) covering goods, services and visas have slowed, with dairy and wine emerging as key sticking points, the sources said. Source: economictimes.indiatimes.com
Jul 14, 2025 Trade deal: India and US talk in Washington, duel in Geneva. As Indian trade negotiators prepare for yet another round of discussions in Washington, an interesting duality continues to define the India-US trade relationship. While both countries publicly commit to dialogue and deal-making across the table in Washington, they are simultaneously locking horns at the World Trade Organization (WTO) in Geneva. This diplomatic paradox -- negotiating cooperation in one forum while waging procedural and legal battles in another -- reveals a deeper complexity of trade politics. Source: economictimes.indiatimes.com
Jul 14, 2025 Switzerland greenlights India-EFTA mega trade pact; sets stage for October rollout. Switzerland has finally completed the ratification process for a landmark trade deal between India and the European Free Trade Association (EFTA) that would reduce trade barriers and significantly open up the Indian market to Swiss exports. Swiss Ambassador to India Maya Tissafi described Switzerland's ratification of the trade pact as a 'significant milestone' in her country's bilateral relationship with New Delhi. Source: economictimes.indiatimes.com
Jul 14, 2025 US, India in talks on trade deal that may cut tariff below 20%. The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable position against its peers in the region. India doesn’t expect to receive a tariff demand letter — unlike many other nations this week — and anticipates the trade arrangement will be announced through a statement, the people said, asking not to be identified because the discussions are private. The interim deal would allow for continued talks, giving New Delhi space to resolve outstanding issues ahead of a broader agreement expected this fall, they said. Source: economictimes.indiatimes.com
Jul 14, 2025 China, ASEAN to submit upgraded free trade deal to leaders in October, says China's foreign minister. China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi on Saturday. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in May, seeking to cover areas such as the digital economy, green economy and supply chain connectivity. Source: economictimes.indiatimes.com
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