New Delhi: Commerce and industry minister Piyush Goyal said on Wednesday that free trade agreements (FTAs) will help domestic farmers with greater market access in. Australia, UAE, UK and EFTA countries.“We have reduced non-trade barriers for our farmers…We are doing FTAs with developed markets…Australia, UAE, EFTA, UK…through these agreements, we have opened up new markets for our agricultural sector,” he said. In another event, the minister stated that India must ensure supply chain resilience, asserting that if one country halted the import of fertilisers, India should not suddenly be in trouble. This statement comes at a time of global supply disruptions in fertilisers as China has put curbs on exports of urea and di-ammonium phosphate (DAP) fertilisers. The minister spoke on strengthening the entire ecosystem – seeds, fertilisers, insecticides, and pesticides.
Trending
- Jane Street Sebi ban: F&O trade volumes drop nearly 20%; both BSE and NSE shares take a hit
- Gibran raises $2.6 million to build nature-inspired, adaptive AI systems | India Business News
- Air India crash: US FAA, Boeing says ‘fuel switch locks safe’; probe report raised questions on engine cutoff
- Stock market today: Nifty50 opens in red, goes below 25,100; BSE Sensex down over 200 points
- ‘Musk’s SpaceX to invest $2 billion in his AI startup’
- Wyndham Hotels to expand in India; 50+ new properties in pipeline; more global brands on the way
- FPI inflows: Foreign investors pump in Rs 3,839 crore in July; D-street outperforming global markets
- India’s second-hand car market: Poised to cross 6 million sales; over twice as fast as new cars
- India-US talks: Experts urge caution on trade pact; ‘hasty deal under pressure’ could backfire
- Crypto cold war heats up: As Pakistan, Bhutan, and US go all in, where does India stand? Report reveals how the world is weaponising blockchain