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2nd meeting of India-Cambodia Joint Working Group on Trade & Investment held in New Delhi.

Jun 21, 2024

The second meeting of India-Cambodia Joint Working Group on Trade & Investment (JWGTI) was hosted by India in Vanijya Bhawan, New Delhi yesterday. The meeting was co-chaired by Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Siddharth Mahajan and Director General for International Trade, Ministry of Commerce, Kingdom of Cambodia, Mr. Long Kemvichet. The representatives of stakeholder Ministries also participated in the meeting.

    
Source: pib.gov.in



India approves $9-billion port to boost trade with Europe.

Jun 21, 2024

India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by sea and rail links through the Middle East.

    
Source: reuters.com



DGFT implements system-driven rule based Faceless Automation for ad-hoc Input Output Norms Fixation.

Jun 21, 2024

In line with ongoing efforts to modernize and streamline foreign trade procedures the Directorate General of Foreign Trade (DGFT) has decided that ad-hoc Input Output Norms will be determined through a rule-based, system-driven process, with the aim of improving the ease of doing business for exporters while reducing time and effort for both DGFT and concerned exporters. 

    
Source: pib.gov.in



Dussehri mango from UP's Malihabad belt gets US green card.

Jun 21, 2024

Dussehri mangoes from UP’s famous Malihabad belt will now tickle the taste buds in the United States.
UP govt has dispatched a consignment of four tonnes of Dussehri to Washington DC, New York, California and San Francisco. Lucknow-based Central Institute for Subtropical Horticulture (CISH) sourced the mango variety from a group of 15 orchard owners of Malihabad.
    
Source: timesofindia.indiatimes.com



India-Australia Collaborative Effort to Modernize Agricultural Skills Sees Significant Progress.

Jun 21, 2024

The Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the Australian Government, recently hosted a pivotal roundtable to discuss advancements and future prospects of the Australia-India Critical Agriculture Skills Pilot Project.

    
Source: krishijagran.com



Commerce Ministry to take up the issue of rice export curbs with inter-ministerial panel.

Jun 21, 2024

The Commerce Ministry is likely to move a proposal before the Amit Shah-led Committee of Ministers (CoM) on food prices to 'suitably change' the export duty structure on parboiled non-Basmati rice. It will likely seek a direction on industry’s demand to cut the minimum export price (MEP) of Basmati rice from the current $950/tonne.

    
Source: thehindubusinessline.com



Rice export prices climb to near three-month high as demand picks up.

Jun 21, 2024

India's rice export prices rose to a near three-month peak this week as demand picked up and the government raised paddy procurement price for the new season.
India on Wednesday raised the price at which it will buy new-season common rice paddy from farmers by 5.4 per cent to 2,300 rupees ($27) per 100 kg.
    
Source: business-standard.com



Uttar Pradesh government to connect agri startups with ONDC, e-NAM.

Jun 21, 2024

The Uttar Pradesh (UP) government will connect state’s agriculture commodity startups with central government promoted e-commerce platforms like ONDC (Open Network for Digital Commerce) and e-NAM (National Agriculture Market).

    
Source: business-standard.com



India interested in exporting potatoes and pomegranates to Russia.

Jun 21, 2024

Specialists from Rosselkhoznadzor engaged in discussions with representatives of the Ministry of Commerce and Industry of the Government of India regarding the supply of fruits and vegetables to Russia. New Delhi has expressed a desire to expand the range of goods exported. Specifically, the country is interested in exporting potatoes and pomegranates.

    
Source: freshplaza.com



Sufficient wheat stock available to undertake market interventions: Centre.

Jun 21, 2024

A meeting of the Committee of Ministers was held here today under chairmanship of Union Minister of Home Affairs and Cooperation to review the prices of essential commodities.
 
    
Source: pib.gov.in



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