India Considers Zero-Duty Wheat Import Plan to Check Rising Prices and Boost Stocks
The Indian government is considering a plan to import wheat at zero duty for the first time in six years in order to control rising prices and replenish dwindling stocks.…
Former MP Calls for Tax Reduction on Agro Inputs to Boost Agricultural Productivity
A former Member of Parliament has appealed to the government to reduce taxes on agro inputs, citing the need to alleviate the burden on farmers and boost agricultural productivity. The…
Kazakhstan to Abandon US Broiler Imports, Boost Domestic Poultry Production
The Kazakh government has approved a plan to increase domestic poultry production by 200,000 tonnes through 2026 by expanding four major poultry producers. This move aims to put an end…
Brazilian Farmers Clash with Government Over Rice Import Authorization
Brazilian farmers have clashed with the government over the authorization to import rice, citing concerns that it could destabilize the domestic rice production chain and harm local farmers. The Brazilian…
Lithuania Bans Russian and Belarusian Agricultural Imports Amid EU Restrictions
Lithuania has imposed a ban on the import of agricultural products and animal feed from Russia and Belarus, effective as of June 3, 2024. The ban covers a wide range…
Russian Proxy Allows Export of 34,000 Tonnes of Grain Worth €6 Million from Kherson Oblast
Russian proxy allowed Russian exporters to take 34,000 tonnes of grain worth €6 million out of Kherson Oblast. This significant move comes amid ongoing tensions between Russia and Ukraine over…
Global Avocado Market ‘Braced for Expansion’ as Exports Reach 3 Million Tonnes by 2025
The global avocado market is braced for expansion, with a recent Rabobank report forecasting significant growth in both production and trade. Global avocado exports are expected to surpass the 3m…
China Surpasses USA to Become India’s Largest Trading Partner in FY24, Says Volza
China has surpassed USA to become India’s largest trading partner in FY24, with a two-way commerce value of $118.4 billion. This significant shift in trade dynamics is attributed to a…
SE Asia Faces Shipping Crisis as Container Shortage Drives Freight Rates to Record High
SE Asia is currently facing a shipping crisis due to a container shortage, which has driven freight rates to record highs. The container shortage has been exacerbated by a reduction…
Allianz Trade Partners with Saudi EXIM Bank to Boost Non-Oil Exports to Saudi Arabia
Allianz Trade has partnered with Saudi EXIM Bank to boost non-oil exports to Saudi Arabia through an Initial Framework Agreement. This collaboration aims to bolster Saudi Arabia’s economic growth by…