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Jun 19, 2025 Goyal optimistic about signing first tranche of U.S. trade deal before July 9. As the clock ticks towards U.S. President Donald Trump’s ‘reciprocal tariffs’ to kick in on July 9, Commerce Minister Piyush Goyal has expressed optimism that India and the U.S. could sign a preliminary or early tranche of a larger trade deal before that date, though he stopped short of confirming a deal would be signed. Source: thehindu.com
Jun 19, 2025 ‘Everything on the table…’: India eyes duty cuts on both sides; seeks assurance Donald Trump-led US won’t impose additional tariffs after trade deal. India seeks guarantees from the US against future tariffs as they finalize a bilateral trade agreement. India wants tariff stability, especially for labor-intensive sectors like leather and textiles. The goal is to secure preferential trade advantages through mutual duty reductions before the July 9 deadline. Source: timesofindia.indiatimes.com
Jun 19, 2025 Piyush Goyal visits UK to fast-track FTA, strengthen economic ties. Commerce and industry minister Piyush Goyal began a two-day official visit to the UK on Wednesday, seeking to fast-track the India–UK Free Trade Agreement (FTA) and advance broader economic cooperation, the government said in a statement on Wednesday. The visit follows a joint commitment by Prime Ministers Narendra Modi and Keir Starmer to conclude the trade pact, which has been under negotiation for over two years. Source: livemint.com
Jun 19, 2025 India, Canada To Resume Trade Talks As Modi, Carney Reset Ties At G7 Summit. India and Canada have agreed to restart stalled trade negotiations and restore diplomatic normalcy following a meeting between Prime Minister Narendra Modi and his Canadian counterpart Mark Carney. During bilateral talks on the sidelines of the G7 Summit, the leaders also confirmed plans to appoint new high commissioners, signalling a reset in relations that were strained since 2023. Source: stratnewsglobal.com
Jun 19, 2025 India’s packaging vision goes global: Chakravarthi delivers keynote at UNIDO Global Meet in Bangkok. India’s Packaging vision goes global with an event, themed ‘Accelerating Sustainable Industrial Development of the Food Packaging Industry in Asia’, hosted in collaboration with WPO and Wageningen University & Research (WUR), Netherlands, a globally reputed centre for life sciences and agricultural innovation. Source: fnbnews.com
Jun 19, 2025 India-Ukraine 1stJoint Working Group Meeting on Agriculture Held. The first Joint Working Group (JWG) meeting on Agriculture was held between India and Ukraine today in virtual mode. The meeting was co-chaired by Shri Ajeet Kumar Sahu, Joint Secretary (IC), Department of Agriculture & Farmers Welfares and Ms. Oksana Osmachko, Deputy Minister of Agrarian Policy and Food of Ukraine. Officials from both countries emphasized that the meeting marks an important milestone in strengthening bilateral cooperation in agriculture and allied sectors. Source: pib.gov.in
Jun 19, 2025 Centre calls States’ meet on June 24 to discuss follow-up action after ‘Lab to Land’ campaign ends. Union Agriculture Minister Shivraj Singh Chouhan today announced a comprehensive review of the recently concluded 'Viksit Krishi Sankalp Abhiyan,' a 15-day campaign aimed at bridging the gap between agricultural research and farmers. He will chair a meeting on June 24 with State agriculture ministers, officials, and scientists to assess the campaign’s outcomes and formulate future action plans. Virtual participation will be available for those unable to attend the meeting physically. Source: thehindubusinessline.com
Jun 19, 2025 India’s oilmeal exports rise by 1.79% during April-May 2025-26. India exported 7.81 lakh tonnes (lt) of oilmeals during the first two months of 2025-26 against 7.67 lt in the corresponding period of 2024-25, registering a marginal growth of 1.79 per cent. Data compiled by the Solvent Extractors’ Association of India (SEA) showed that India exported 3.15 lt of oilmeals in May 2025 against 3.02 lt in May 2024, registering a growth of 4.31 per cent. Source: thehindubusinessline.com
Jun 19, 2025 Govt to tighten seeds, pesticides laws after farmers flag poor-quality inputs: Chouhan. Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said the government will tighten seeds and pesticides legislations and may bring amendments to the existing laws to ensure quality inputs to farmers. The minister pointed that many farmers have raised concerns about the quality of seeds and pesticides during the Viksit Krishi Sankalp Abhiyan, a pan-India campaign to reach out to the farmer community. Source: thehindubusinessline.com
Jun 19, 2025 Edible oil companies reduced rates after duty cut, says Indian government. Most of the edible oil companies have reduced maximum retail price (MRP) and Price to Distributor (PTD) after the Centre announced a drastic reduction in basic customs duty of imported crude edible oils, the Government said on Wednesday. On May 30, it cut the levy from 20 per cent to 10 per cent. . Also, many other processing units have assured the government to further cut prices over the next few days, as they continue to receive lower-cost shipments of crude oils under the revised duty structure. Source: thehindubusinessline.com
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