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May 02, 2025 News Image Brazil secures citrus export deal with India
Brazil has reached an agreement with the Indian government to export five citrus fruits, including Tahiti lime, Sicilian lemon, sweet orange, and tangerine. This agreement is part of a broader strategy to enhance trade relations between Brazil and India, which already includes exports such as açaí, fish, and avocados.
 Source:  www.freshplaza.com
May 02, 2025 News Image Trump says he has 'potential deals' with India, South Korea, Japan
President Donald Trump said on Wednesday that he has "potential" trade deals with India, South Korea and Japan as he seeks to convert his tariff policy into trade agreements. At a town hall on the NewsNation television network, Trump was asked when he would be announcing agreements with those three countries. "We have potential deals" with them, he said.
 Source:  www.reuters.com
May 02, 2025 News Image Piyush Goyal concludes historic Norway visit, focuses on strengthening trade ties
In a social media post shared on Thursday, Goyal said, Concluded my productive visit to Norway, the first by a Commerce and Industry Minister from India in over 25 years. My engagements with the political and business leadership in the country give me immense confidence that our ties are set to enter a new phase of trust and growth. During his visit, Goyal met Cecilie Myrseth, Norway's Minister of Trade and Industry. The two leaders held discussions on enhancing trade relations in line with the recently signed India-EFTA Trade and Economic Partnership Agreement (TEPA). They also explored new opportunities to boost bilateral cooperation in various sectors.
 Source:  www.livemint.com
May 02, 2025 News Image Union Minister Shri Jyotiraditya Scindia Holds Investor Interactions in Mumbai; Ambani, Birla, Tata Express Interest in Northeast Region
Union Minister Shri Jyotiraditya M. Scindia emphasized the Government of India’s strategic vision to position the Northeast as a new growth engine for the country. “The goal is to integrate the eight states into one unified development goal as India’s growth engine,” he said. He also underlined the role of public-private partnerships in accelerating sustainable development in the region. The Minister further shared with the industrialists some of the key initiatives undertaken by MDoNER, which included the formation of a High-Level Task Force with the Chief Ministers of all eight Northeastern states, the establishment of Investment Promotion Agencies (IPAs) in each state, among others.
 Source:  Pib.gov.in
May 02, 2025 News Image India buys 25.6 million metric tonnes of wheat from domestic farmers
India has so far purchased 25.6 million metric tonnes of new season wheat from domestic farmers, up from 20.5 million tonnes during the same period last year, India's food secretary said on Thursday. The government is hopeful that it will be able to meet its wheat procurement target of 31.2 million tons, Sanjeev Chopra told a news conference.
 Source:  thehindubusinessline.com
May 02, 2025 News Image To complete London trade Bridge, Piyush Goyal set to visit UK again soon
Shri Piyush Goyal Ji arrived in the UK on Monday for two days where he met UK secretary of state for trade and business Jonathan Reynolds to advance the FTA negotiations. On Tuesday he met chancellor of exchequer Rachel Reeves. On Wednesday, he was in Norway and on Thursday he is scheduled to be in Brussels to meet the EU leadership. Goyal's return to the UK is expected on Friday or Saturday. An announcement on the signing of the FTA and two other pacts - bilateral investment agreement (BIT) and social security pact (officially dubbed as the Double Contribution Convention Agreement) - could be made then.
 Source:  economictimes.indiatimes.com
May 02, 2025 News Image India may export up to 8 lakh tons of sugar this season: Food Secretary Sanjeev Chopra
India, the world's leading sugar producing country, may export up to 8 lakh tones of sugar, lower than the permitted quota of 10 lakh tones in the 2024-25 season ending September, a top government official said on Thursday .So far, the country has shipped 3 lakh tones of sugar and about 60,000 tones is at ports for shipment, a senior food ministry official said. Addressing a press conference, Food Secretary Sanjeev Chopra said, We will export 8 lakh tones out of the total quota permitted.
 Source:  economictimes.com
May 02, 2025 News Image Comm Min's export promotion mission may have 12-point plan to push exports, help MSME exporters
The commerce ministry's Export Promotion Mission (EPM) is expected to feature up to 12 components, including easy credit schemes for MSME, e-commerce exporters, facilitation of overseas warehousing, and global branding initiatives, to tap emerging export opportunities and strengthen trade tools for small businesses, an industry official said. The Directorate General of Foreign Trade (DGFT) showed a presentation on this mission to the representatives of export promotion councils and other key stakeholders on April 30
 Source:  Economic Times
May 02, 2025 News Image India's total exports jump to record $825 bn in FY25 as services shipments rise over 13%
India's exports of goods and services hit an all-time high of USD 825 billion in 2024-25, driven by a record surge in the shipments of services that reached USD 386.5 billion in the last fiscal despite global trade headwinds, according to the commerce ministry data. Following the release of March services exports data by the RBI, the country's overall exports for 2024-25 have been revised to USD 824.9 billion from the earlier estimate of USD 820.93 billion, announced on April 15. Total exports were worth USD 778.13 billion in 2023-24.
 Source:  economictimes.com
May 01, 2025 News Image Indian mangoes launched in China at the AEON Huizhou shopping center.
A milestone in India-China agricultural collaboration was achieved with the successful launch of Indian Mangoes in China at the AEON Huizhou Shopping Center store on Donghu West Road, Huicheng District. The event, held from 16:00 to 17:00, was a vibrant celebration of friendship, flavor, and fruitful trade between the two nations, offering Chinese consumers a taste of one the mangos from India.
 Source:  freshplaza.com