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Mar 10, 2025 News Image India rates hit lowest since June 2023, Vietnam sees demand pick up.
Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw increased demand. India's 5% broken parboiled variety was quoted at $409-$415 per tonne, down from last week's $413-$420. Indian 5% broken white rice was priced at $390-$400 per ton this week.
 Source:  economictimes.indiatimes.com
Mar 10, 2025 News Image Philippines: Agriculture industry group seeks restoration of 35% rice import tariff.
An Agriculture industry association asked the Tariff Commission to restore rice import tariffs to 35% for Southeast Asian grain, while imposing a 50% rate for all other countries of origin. Executive Order No. 62, which reduced the tariffs to 15%, has failed to reduce rice prices, as it had been designed to do, Samahang Industriya ng Agrikultura (SINAG) Chairman Rosendo O. So said in a petition filed with the Commission.
 Source:  bworldonline.com
Mar 10, 2025 News Image China calls for stronger India ties amid trade war fears.
Facing a fresh trade war under the new Trump administration, China sought to further stabilise ties with India, with its foreign minister Wang Yi on Friday stating that Beijing's relations with New Delhi had made positive strides in the past year. He also said that President Xi Jinping's meeting with Prime Minister Narendra Modi in Kazan last year gave strategic guidance for the improvement and development of bilateral ties.
 Source:  economictimes.indiatimes.com
Mar 07, 2025 News Image USA: Agriculture Department Looks to Import Eggs as Prices Soar
As the price of eggs reaches record highs, the federal government is looking into importing more eggs from other countries and increasing funding for efforts to combat the spread of avian flu, the Agriculture Department said on Wednesday.
 Source:  nytimes.com
Mar 07, 2025 News Image Our govt works very closely with India to reduce trade barriers: Southwell
(ECTA) or the interim trade deal came into force over two years ago, John Southwell, Trade and Investment Commissioner at Australian Trade and Investment Commission, told Shreya Nandi in an interview in New Delhi.
 Source:  business-standard.com
Mar 07, 2025 News Image India expands UK footprint as £41 billion partnership boosts countries' growth
Before opening the consulates, Indian External Affairs Minister Dr S. Jaishankar will meet with Foreign Secretary David Lammy at Chevening House.
 Source:  gov.uk
Mar 07, 2025 News Image Trump Weighs Agriculture Carveouts to Canada, Mexico Tariffs
the latest move by the administration on Wednesday to offer relief to certain sectors from the sweeping new import taxes.
 Source:  bloomberg.com
Mar 07, 2025 News Image Scientists race to document Savanur betel leaf for GI tag
However, they face challenges due to insufficient historical records. Horticultural researchers are gathering necessary documentation to support their application. The cultivation of betel leaves in Savanur taluk covers 400 hectares, with its history traced to the 17th century during the Savanur Nawa's reign.
 Source:  timesofindia.indiatimes.com
Mar 07, 2025 News Image Tariff is a legitimate instrument; India's current tariffs align with WTO framework: FM Nirmala Sitharaman
Her comments come amidst growing tensions over US President Donald Trump's plan to impose reciprocal tariffs on India. 'Both countries will safeguard their interest and we will prioritise India's interests,' the finance minister said while addressing an event in Andhra Pradesh.
 Source:  economictimes.indiatimes.com
Mar 07, 2025 News Image Thailand seeks ties with India, Vietnam to support rice prices
Thailand is in talks with both countries to reduce competition, hoping to create a balance in rice prices in the global market and help farmers have stable income, Pichai Naripthaphan told parliament.
 Source:  asia.nikkei.com