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Jun 05, 2025 News Image India and Thailand eye closer trade ties.
As India and Thailand mark 78 years of diplomatic relations this year, both nations are seeking to expand cooperation in trade, investment, and tourism, aiming to tap into their longstanding historical and cultural ties.
 Source:  bangkokpost.com
Jun 05, 2025 News Image India weighs legal uncertainties around Trump tariffs as trade pact talks start this week.
India is weighing legal uncertainties surrounding Trump tariffs as it prepares for the next round of trade talks this week, an official said. The official said these developments could influence India's approach to the proposed bilateral trade pact with the US.
 Source:  economictimes.indiatimes.com
Jun 05, 2025 News Image India seeks measures to tackle trade distortions.
India has called for action to address trade distortions caused by non-market economies, non-tariff barriers and restoration of a strong dispute settlement mechanism at the World Trade Organization (WTO), commerce and industry minister Piyush Goyal said on Wednesday. The minister, however, insisted that one should not jump to the conclusion that an existential crisis has been created at the multilateral trade body.
 Source:  economictimes.indiatimes.com
Jun 04, 2025 News Image 9 'Clean Plant' Projects to be Launched across the Country, 3 of which to be in Maharashtra: Union Minister for Agriculture and Farmers Welfare, Shri. Shivraj Singh Chouhan.
Chief Minister of Maharashtra, Shri. Devendra Fadnavis and Union Minister for Agriculture and Farmers Welfare, Shri. Shivraj Singh Chouhan attended the concluding session of India’s first International Agri Hackathon in Pune. On the occasion, Chief Minister Devendra Fadnavis asserted that the agriculture sector is facing many problems in the backdrop of current climate change and the use of modern technology is the only solution. He also expressed the need to incubate useful technologies from the Pune Agri Hackathon and take them directly to farmers. He expressed his belief that if this revolution in the field of agricultural technology is taken forward, it will increase the productivity of agriculture.
 Source:  pib.gov.in
Jun 04, 2025 News Image Piyush Goyal meets Nigerian trade minister to strengthen trade ties.
Piyush Goyal and Jumoke Oduwole Oon met in Paris to enhance trade relations between India and Nigeria, focusing on new cooperation areas. Both ministers aim to advance WTO reforms for mutual benefit during the OECD Ministerial Council Meeting. Goyal's visit to France and Italy underscores India's dedication to strengthening economic ties with key European partners.
 Source:  timesofindia.indiatimes.com
Jun 04, 2025 News Image Centre to spend Rs300 crore in setting up 3 horticulture facilities in Maharashtra, says Chouhan.
Union agriculture minister Shivraj Singh Chouhan on Tuesday announced that Central govt will set up three horticulture facilities for grapes, oranges and pomegranates in Pune, Nagpur and Solapur at a cost of Rs300 crore under its clean plants programme. These facilities among others will offer farmers healthy saplings for production of disease-free crops.'State has shown a path to the entire country by producing fine qualities of grapes, pomegranates, oranges, vegetables, and other agricultural produce. Centre will help the farmers increase production and get better returns for their crops,' he said while attending an agri hackathon organised at Agriculture College in Pune.Calling Maharashtra the horticulture hub of the country, the minister said during his recent visits to various states, farmers came up with complaints of not getting healthy saplings. 'Some private companies are also providing saplings that appear to be healthy, but when the yield comes, some bacteria or viruses are found in them,' he said.He said Centre will set up nine facilities across the country to boost horticulture production, of which three will be in Maharashtra.
 Source:  timesofindia.indiatimes.com
Jun 04, 2025 News Image India, Paraguay can expand trade with MERCOSUR, says PM Modi.
India and Paraguay can partner in expanding regional commerce in Latin America, said Prime Minister Narendra Modi on Monday (June 2, 2025). Mr. Modi welcomed Paraguay’s President Santiago Pena Palacios and presented the MERCOSUR trade bloc in Latin America as an arena where India and Paraguay can work together closely. Mr. Pena who is on his first visit to India described India as a 'key strategic partner' of his country.
 Source:  thehindu.com
Jun 04, 2025 News Image India-US trade deal in not-too-distant future: US Commerce Secretary Howard Lutnick.
Secretary of Commerce Howard Lutnick has said one should expect a trade deal between India and the US in the 'not-too-distant future' as the two countries have found a place that works for them. 'So the idea is when they put the right person and India put the right person on the other side of the table, and we've managed, I think, to be in a very, very good place,' Lutnick said in his keynote address at the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit here Monday.
 Source:  economictimes.indiatimes.com
Jun 04, 2025 News Image New Centre of Excellence Launched to Drive Agricultural Transformation through South-South Cooperation.
The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), in collaboration with the Research and Information System for Developing Countries (RIS), launched the ICRISAT Centre of Excellence for South-South Cooperation in Agriculture (ISSCA) today during the Conference on Global South and Triangular Cooperation: Emerging Facets, held in New Delhi. The initiative aims to accelerate agricultural innovation and collaboration across the Global South.
 Source:  pib.gov.in
Jun 04, 2025 News Image India, EU likely to go for comprehensive FTA; GI pacts to follow later.
India and the European Union (EU) are likely to agree upon a comprehensive free trade agreement (FTA) instead of an interim deal, an official said on Tuesday. However, the proposed investment treaty and a pact on geographical indications (GI) may not be concluded simultaneously.
 Source:  business-standard.com