15 Mar, 2024 News Image Centre imposes minimum export price of $2,000 per tonne on honey till December.
The government on Thursday imposed a minimum export price (MEP) of USD 2,000 per tonne on natural honey till December this year. The notification will be effective immediately.
 
Exports below this MEP value will not be permitted.
 

 Source:  economictimes.indiatimes.com
15 Mar, 2024 News Image Assam FPO exports 10 tonnes of organic ginger to UAE.

Padumpathar Agro Organic FPC, an FPO in Assam’s Golaghat district, exported 10 tonnes of organic ginger to Dubai on March 12, with another 10 tonnes possibly shipping next week. Facilitated by the Directorate of Horticulture of Assam government under the Mission Organic Value Chain Development for Northeast Region (MOVCDNER), a central sector scheme, farmers in the districts are said to have realized a very good price for the premium ginger for the first time.


 Source:  thehindubusinessline.com
15 Mar, 2024 News Image India, Dominican Republic sign JETCO protocol to boost trade relations.

India and the Dominican Republic have signed a protocol for setting up a Joint Economic and Trade Committee (JETCO) between both the nations. The joint committee will provide a platform for information exchange between various authorities and their counterparts, and a meeting of the committee is expected soon.


 Source:  livemint.com
15 Mar, 2024 News Image India s New Grain Storage Plan: A Step Closer Towards a Stronger Post-Harvest Infrastructure.

A loss in the farm-to-plate journey negatively impacts farmer incomes by precluding price discovery. Further, post-harvest loss in India has laid bare the weak post-harvest chain. In this light, Prime Minister Modi’s recent announcement of the world’s largest grain storage plan in the cooperative sector is potentially a game-changer, with positive ramifications for the domestic economy at large. Nevertheless, like all schemes, implementation will be crucial, especially in overcoming the existing challenges in the sector. Overall, it brings into focus the silent theft of post-harvest production in Indian agriculture with hopes of eliminating it one day.


 Source:  timesofindia.indiatimes.com
15 Mar, 2024 News Image Bangladesh imports 200 tonnes of potatoes from India.
In an effort to control the increasing prices of food items, potato imports from India have begun through Benapole Port.
 
On Thursday, 200 metric tonnes of potatoes arrived at Benapole Port from India via Petrapole Port in eight trucks.

 Source:  newagebd.net
15 Mar, 2024 News Image Solapur anaar sets sail for US.
For the first time, pomegranates grown in Maharashtra have been exported by sea to the United States of America (USA) with help from the Agricultural Processed Food Products Export Development Authority (Apeda).
Pomegranates grown at Sangola in Solapur district were exported from the Maharashtra State Agricultural Marketing Board’s Vashi facility.

 Source:  blitzindiamedia.com
15 Mar, 2024 News Image Bangladesh opens land port, no infrastructure across the border.

The construction of Balla land port infrastructure has been completed in the Kedara court area near the Bangladesh-India border in Chunarughat of Habiganj at a cost of about Tk 490 million. But across the border in Paharmura area of India’s Tripura state, there is no customs station. The whole area there is deserted with even no roads, according to a news released in local newspaper of Bangladesh.


 Source:  indiashippingnews.com
14 Mar, 2024 News Image Cabinet approves signing of an Agreement between India and Bhutan in the area of Food Safety.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the signing of an Agreement between Bhutan Food and Drug Authority (BFDA), Ministry of Health, Royal Government of Bhutan and Food Safety and Standards Authority of India (FSSAI) regarding cooperation in the areas of food safety.
 
The signing of this Agreement between Bhutan Food and Drug Authority (BFDA), Ministry of Health, Royal Government of Bhutan and Food Safety and Standards Authority of India (FSSAI), Ministry of Health & Family Welfare, Government of India will facilitate the trade between two neighboring countries. BFDA will issue a Health Certificate as a proof of compliance with the requirements prescribed by FSSAI, while exporting the products to India. This will promote Ease of Doing Business and will reduce compliance cost on both sides.

 Source:  pib.gov.in
14 Mar, 2024 News Image Cabinet approves Inter-Governmental Framework Agreement India and United Arab Emirates on cooperation for the empowerment and operation of the India-Middle East Europe Economic Corridor.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi gave its Ex-post facto approval today to the Inter-Governmental Framework Agreement (IGFA) that was signed on 13th February, 2024 during the High Level visit between the Government of Republic of India and the Government of the United Arab Emirates on Cooperation for the empowerment and operation of the India-Middle East Europe Economic Corridor (IMEC). The aim of the IGFA is to enhance the bilateral relations and to further strengthen the relations between the two countries in the Ports, Maritime and Logistics sectors.
 
The IGFA includes areas of cooperation between the two countries with the objective of exploring further potential of future joint investment and collaboration in respect of development of the IMEC.
 
The Agreement contains detailed framework for cooperation between the two countries. The cooperation will be based on a set of mutually agreed upon principles, guidelines and agreements consistent with the relevant rules and regulations of the countries' jurisdiction.

 Source:  pib.gov.in
14 Mar, 2024 News Image Modi and Sunak welcome progress in FTA talks.
PM Modi spoke to his British counterpart Rishi Sunak on Tuesday when they welcomed the progress made in the ongoing negotiations towards securing a 'historic and comprehensive' India-UK FTA that benefits both countries.
 
Both leaders reaffirmed their commitment towards strengthening the bilateral comprehensive strategic partnership, a statement in New Delhi said. A Downing Street readout of the call noted that Sunak and Modi agreed on the importance of securing a 'historic and comprehensive deal'.

 Source:  economictimes.indiatimes.com