30 May, 2024 News Image FTA strategy meet: Trade ministry plans steps to prevent overstraining of resources.
At a time when the commerce ministry is involved in negotiations on multiple trade deals, a meeting to strategise approach to negotiate free trade agreements (FTA) headed by commerce secretary Sunil Barthwal discussed ways to effectively manage workload and to prevent overtraining of resources, a statement released by the Commerce and Industry Ministry said on Tuesday.
 

 Source:  indianexpress.com/
30 May, 2024 News Image India set for wheat imports after six years, to shore up reserves.
India is poised to begin wheat imports after a six-year gap, to replenish depleted reserves and hold down prices that leaped following three years of disappointing crops, sources say, as the approaching end of general elections removes a key hurdle.
 

 Source:  economictimes.indiatimes.com
30 May, 2024 News Image Turmeric area set to rise in Karnataka s Chamarajanagar.
Turmeric acreage in Karnataka’s Chamarajanagar, a major producing region in the State, is seen rising by about 10-15 per cent this year on higher prices. With the start of the pre-monsoon rains from early May, the turmeric planting season has begun and demand for high yielding varieties is on the rise, stakeholders said.
 

 Source:  thehindubusinessline.com
29 May, 2024 News Image World Nut & Dried Fruit Congress forecast 8% rise in tree nut production.

International Nut and Dried Fruit Council (INC), forecast an 8 per cent rise in world tree nut production for 2024-25 at 6.2 million tonnes (kernel basis, except pistachios in-shell) from 2023-24.


 Source:  thehindubusinessline.com
29 May, 2024 News Image Commerce ministry working on standard operating procedure for FTA negotiation.

The commerce ministry held deliberations with experts, former officers and senior officials from different departments on framing a standard operating procedure for free trade pacts and other related issues under these agreements, an official release said on Tuesday. The commerce ministry in the release stated that the 'Chintan Shivir' was organised on May 16-17 at Neemrana, Rajasthan.


 Source:  economictimes.indiatimes.com
29 May, 2024 News Image India, Singapore finalising agreements in areas such as digitalisation, food safety.

India and Singapore are finalising several agreements in areas ranging from digitalisation to food safety and healthcare that are expected to be signed at the second meeting of a bilateral ministerial roundtable, people familiar with the matter said.


 Source:  hindustantimes.com
29 May, 2024 News Image India to train more officials for trade talks as several FTA negotiations underway.

The attendees also deliberated on the standard operating procedure (SOP) for FTA negotiations, capacity building and resource management for trade negotiations.


 Source:  cnbctv18.com
29 May, 2024 News Image Navigating a complex trade terrain.

In recent years, there has been a flurry of activity on India’s free trade agreement (FTA) front. News has been abuzz with FTA developments — be it the India-UAE Comprehensive Economic Partnership Agreement (CEPA) in 2022, the Australia-India Economic Cooperation and Trade Agreement (ECTA) in the same year, or the FTA with the UK still in the pipeline.


 Source:  financialexpress.com
29 May, 2024 News Image India to boost wheat? exports to fill void left by Ukraine conflict.

Egypt, Israel, Oman, Nigeria and South Africa have approached India to secure wheat supplies, two government officials said, as the Russia-Ukraine conflict entered its fourth week, threatening a global food crisis.


 Source:  livemint.com
29 May, 2024 News Image UP Farmer's Direct Vegetable Exports Forge New Path in Agricultural Commerce.

Hailing from Bhadohi (Sat Ravidas Nagar), Uttar Pradesh, Shaswat Pandey is the owner of the FPO 'Trisagar Farmer Producer Company Limited'. Operating for three years and involving nearby 357 farmers, the FPO has achieved a turnover of 2 crore and 80 lakh from exports in 2023. Its primary objective is to eliminate middlemen and enable farmers to directly export their products, thereby, helping them earn higher profits. 


 Source:  krishijagran.com