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10 Apr, 2024 News Image Nepal proposes customs pact with India to curb border trade offences.
Nepal has proposed a customs agreement with India that will enable exchange of information which could help in preventing and reducing customs related offences across the border.
India is Nepal’s largest trading partner and shares a border of over 1850 km with five Indian states – Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttrakhand. 

 Source:  newindianexpress.com
10 Apr, 2024 News Image UAE chicken imports forecast to rise - GAIN.
United Arab Emirates (UAE) chicken meat imports are forecast to increase in 2024 as domestic production expansion is unable to fulfil rising demand. 
Brazil’s market share is expected to continue to grow, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report.

 Source:  thepoultrysite.com
10 Apr, 2024 News Image Aromatic black rice 'Chak-hao' gains popularity, will be exported to Europe.

People’s interest on aromatic black rice Chak-hao increasing. The demand for aromatic black rice ‘Chak-hao’ is constantly increasing. Manipur has yet again sent 5 metric tonnes (MT) of the black aromatic rice to Kerala yesterday.


 Source:  indiatodayne.in
10 Apr, 2024 News Image India-EU FTA next round to start in early May.
The eighth round of negotiations for the India-European Union free trade agreement (FTA) are slated to start next month, with India making changes to its negotiating team to speed up the process, two people aware of the matter said.
While both sides have indicated a willingness to adjust their positions on certain contentious issues, India intends to take a firm stance on persistent challenges such as non-tariff barriers. These obstacles significantly hinder trade progress in sectors including agricultural commodities, pharmaceutical items, engineering goods, and electrical items, the persons mentioned above said.

 Source:  livemint.com
10 Apr, 2024 News Image This season, Maharashtra aims to export 5,000 tonnes of mangoes to US, Europe.

After a lean season of 2022-23, the Maharashtra State Agricultural Marketing Board (MSAMB) has set a target of processing and exporting 5,000 tonnes of mangoes from its facilities this season. Sanjay Kadam, managing director of the board, said they aim to export to developed nations like the US and Europe where realisation is better.


 Source:  indianexpress.com
09 Apr, 2024 News Image India's coffee exports rise 13.35 pc to 1.25 lakh tonnes in January-March.
Coffee shipments from India rose 13.35 per cent to 1,25,631 tonnes during January-March period of this year on higher demand for Robusta coffee, according to the official data. The country had exported 1,10,830 tonnes of coffee in the same period in 2023.
India, Asia's third-largest producer and exporter, grows Arabica and Robusta varieties of coffee.

 Source:  economictimes.indiatimes.com
09 Apr, 2024 News Image Govt may provide DBT to onion farmers for procurement.
The union government is planning to directly transfer payments to farmers for purchases of shallots by procurement agencies, an official said.
The move for direct benefit transfer (DBT) is aimed at cutting off middlemen. The government currently provides a DBT of Rs.6,000 per farmer annually under PM Kisan Samman Nidhi Yojana. However, there is no data on how farmers are paid for the produce procured from them.

 Source:  livemint.com
09 Apr, 2024 News Image 'India surpasses China's growth rate...it will continue doing so': European Parliament policy expert.

Pointing out the sustained growth of the Indian economy over the past decade, European Parliament think tank expert, Angelos Delivorias said that India's GDP growth exceeding that of China reflects New Delhi's emergence as a formidable economic powerhouse in the global arena.


 Source:  economictimes.indiatimes.com
09 Apr, 2024 News Image Economic relations secretary in MEA to visit Rwanda, Uganda, Kenya.

Dammu Ravi, secretary, economic relations in the MEA, will visit Rwanda, Uganda and Kenya from April 7-12, as a 'reaffirmation of India's commitment' to further strengthen its ties of friendship with the three African countries. The Ministry of External Affairs, in a statement on Saturday, said the visit seeks to 'maintain the momentum of high-level contacts' between India and countries in Africa, post the entry of the African Union (AU) as a permanent member of the G20 during the Indian Presidency of the grouping.


 Source:  economictimes.indiatimes.com
09 Apr, 2024 News Image 'India has a big heart': Maldivians blast Muizzu as New Delhi allows export of essential commodities.
Days after India allowed the export of certain quantities of essential commodities at the request of Male, Maldivians reminded President Mohamed Muizzu of his 'no one can bully us' remarks against New Delhi. Muizzu, who is considered pro-China, in January said Maldives may be small but no country can bully it. His comments were directed at New Delhi. 
 

 Source:  businesstoday.in