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Mar 20, 2025 News Image APEDA Regional Head Reviews Export Potential of Agro-Based Products in Andaman & Nicobar Islands.
The Department of Agriculture, Andaman and Nicobar Islands, is making strides to boost agricultural exports and promote local products in the international market. In line with this goal, under the direction of Chief Secretary Dr. Chandra Bhushan Kumar, IAS, a series of initiatives have been undertaken to explore opportunities for strengthening the supply chain and creating better prospects for agricultural entrepreneurs in the region. Several stakeholder meetings were conducted under the Chairmanship of Secretary (Agriculture), Ms. Pallavi Sarkar, IAS, in collaboration with the Agricultural and Processed Food Products Export Development Authority (APEDA).
 Source:  nicobartimes.com
Mar 20, 2025 News Image India’s Agricultural And Processed Food Exports See Strong Growth In FY2024.
India’s exports of agricultural and processed food products have experienced a significant 13 percent increase, reaching $22.67 billion during the April-February period of the current financial year. According to the Directorate General of Commercial Intelligence and Statistics, rice exports—including both basmati and non-basmati varieties—saw a substantial 21 percent jump, rising to over $11 billion from $9.32 billion during the same period last year. The increase comes after the government began easing restrictions on rice exports in September 2024, following a strong crop forecast. These restrictions were initially imposed in 2023 to curb domestic food inflation caused by a poor monsoon and crop shortages.
 Source:  ddnews.gov.in
Mar 20, 2025 News Image Egypt And India Strengthen Economic Ties In Key Meeting.
In a significant meeting on March 19, 2025, Egyptian Minister of Investment Hassan Al-Khatib and Indian Minister of State for External Affairs Dr. Subrahmanyam Jaishankar came together to explore ways to enhance the economic and trade relationships between Egypt and India. Emphasizing the critical role that Indian companies play in the Egyptian economy, Minister Al-Khatib noted that currently, there are 55 Indian companies operating across various sectors in Egypt, with total investments amounting to approximately $3.75 billion.
 Source:  evrimagaci.org
Mar 20, 2025 News Image India-Latin America & Caribbean (LAC) partnership holds immense potential for economic and trade expansion: Shri Piyush Goyal.
Union Minister of Commerce & Industry, Shri Piyush Goyal highlighted thatthere remains significant untapped potential for economic and trade expansion.Shri Goyal, addressed the 10th CII India-LAC Conclave today at New Delhi, emphasizing the growing importance of India’s economic engagement with the Latin American and Caribbean (LAC) region.
 Source:  pib.gov.in
Mar 20, 2025 News Image India’s pulses import bill tops $5-billion mark for FY25.
India’s pulses import bill has crossed a whopping $5 billion for the current financial year on record purchases of tur (pigeon peas/arhar) and chickpeas (chana or gram) by the largest consuming country in the world. Per the Commerce Ministry’s quick estimates, pulses imports crossed $5.03 billion during the April-February period of fiscal 2024-25 – up 58.75 per cent over $3.17 billion a year ago. Overall, imports during 2023-24 were $3.74 billion and the previous high was $4.24 billion during 2016-17.
 Source:  thehindubusinessline.com
Mar 20, 2025 News Image India’s coffee exports up 40% to over $1.54 billion in April-Feb 2025 on record prices.
India’s coffee exports have jumped by over 40 per cent in the April-Feb period of current financial year to cross the $1.54 billion mark over corresponding last year’s $1.10 billion on rising global prices. The shipments during the month of February were up 22 per cent in value terms at $178.68 million ($146.08 million), as per the Commerce Ministry’s latest data.
 Source:  thehindubusinessline.com
Mar 20, 2025 News Image India focusing on core trade issues in FTAs for early outcomes: Commerce secretary Sunil Barthwal.
India is focusing on core trade issues such as import duty and non-tariff barriers in the proposed free trade agreements (FTAs) for faster outcomes from these negotiations, Commerce Secretary Sunil Barthwal said on Wednesday. He said this approach is important as sometimes it takes 'so much time' to conclude negotiations for these agreements and because of that businesses lose interests.
 Source:  economictimes.indiatimes.com
Mar 20, 2025 News Image Closer India-Lat America ties contribute to India’s leadership role in global South.
Closer bilateral and multilateral relations between the Latin American and Caribbean (LAC) countries, like Cuba and India would improve relations amongst countries in the Global South, stated Dr Eduardo Martinez Diaz, Deputy Prime Minister, Republic of Cuba while speaking at the 10th CII India-LAC Conclave with the theme of 'Advancing Economic Alliances for Collaborative Growth' held in New Delhi between 19-20 March 2025.
 Source:  economictimes.indiatimes.com
Mar 20, 2025 News Image India offers trade pacts to individual members of Mercosur.
Commerce and industry minister Piyush Goyal Wednesday proposed signing of free trade agreements individually with the members of the 4-member Mercosur bloc comprising Argentina, Brazil, Paraguay and Uruguay. His statement comes as the efforts to expand the Preferential Trade Agreement (PTA) with the Mercosur are stuck.
 Source:  economictimes.indiatimes.com
Mar 19, 2025 News Image India, Vietnam enhance parliamentary cooperation and trade ties.
NA Vice Chairman Nguyen Duc Hai met with Speaker of the Indian Lok Sabha (lower house) Om Birla on March 17 as part of his visit to India from March 14-19, aiming to deepen political trust and boost cooperation across a variety of fields. Vice Chairman of the Vietnamese National Assembly Nguyen Duc Hai congratulated India on its impressive development under the leadership of the government and parliament, with the National Democratic Alliance, led by the Bharatiya Janata Party (BJP), at its core. He highlighted India’s significant achievements in the economy, military, and science and technology, which have strengthened its regional and global influence.
 Source:  english.vov.vn