Page 23 - Union Commerce News Today

The signing of the free trade agreement between India and Europe might take a while as a senior European Union official said in the EU, its "substance" matters more than a deadline and further discussion is needed.

Girish Mahajan stated that the Maharashtra Chief Minister Eknath Shinde would soon hold a meeting so as to provide permanent solution to onion farmers

In his opening remarks at the two-day trade ministerial meeting, Goyal also stressed on the importance of resilient global value chains.

Prime Minister Narendra Modi on Thursday suggested the G20 trade ministers to work collectively to ensure equitable competition between large and small sellers as there are challenges in the fast growing cross-border e-commerce. In a video message at the G20 Trade and Investment Ministers meeting here, he also emphasised on the need to address the problems faced by consumers in fair price discovery and grievance handling mechanisms. Digitising processes and use of e-commerce have the potential t...

US Trade Representative Katherine Tai is in Jaipur to attend the G20 Trade and Investment Ministerial Meeting during August 23-25 and will then hold a bilateral meeting with Union Commerce and Industry Minister Piyush Goyal on Saturday.

Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent d...

The Centre has announced plans to purchase two lakh metric tonnes of onions in Maharashtra to provide relief to producers. The government will buy the onions at a rate of Rs 2,410 per quintal and set up special procurement centres in Nashik and Ahmednagar. This decision comes after protests by farmers and traders against the export duty imposed on onions to control prices and increase supplies in the domestic market.

The announcement comes amid protests by farmers and traders against the Centres decision to impose 40 per cent export duty on onions to check price rise and improve supplies in the domestic market.

He also said special procurement centres will be set up in Nashik and Ahmednagar in the state

The announcement comes amid protests by farmers and traders against the Centre's decision to impose 40 per cent export duty on onions to check price rise and improve supplies in the domestic market