 |
India gets permission to export Basmati rice to China
31.05.2010 11:48 "Agro Perspectiva" (Kyiv) —
India will soon be exporting its sweet-smelling rice to China, which recently gave its nod for Indian Basmati to enter its markets.
«We have finally got permission to export Basmati to China. This is a new thing,» said a high ranking Indian official in Shanghai.
The issue of Basmati’s exports was raised at the last meeting of the Joint Economic Forum in China last January, which had focused on ways to address market access and trade imbalance.
So far, the Gulf region has been the biggest market for Basmati rice, but Indian government has been looking to diversify markets to other countries such as China.
India’s Ambassador to China, S Jaishankar said efforts were being made to improve the profile of Indian products in China. «We are focusing on trade promotion in 17 different cities in China with special focus on IT, pharmaceuticals, agricultural and engineering products,» he said.
The bilateral trade has grown exponentially in the last ten years — though there was a slight dip last year to $43.2 billion due to the global recession. But, in the last six months, trade has again picked up and increased by 60 per cent, compared to the same period last year.
India’s exports to China have also risen by 75 per cent, but they have mainly been raw products, like minerals, cotton and cotton yarn.
Besides Basmati, India is aiming to increase exports of other agricultural items such as mangoes and okra. «We have been in negotiation for two years for export of okra,» an Indian official said.
Indian President Pratibha Patil Sunday met chief of Shanghai Communist Party, Yu Zhengsheng, where the issue of improving the trade balance came up.
According to Foreign Secretary Nirupama Rao, the senior Chinese leader also stressed the need for balancing trade. She said Yu conveyed that this imbalance was «not good» for China in the long term and assured Patil that the Chinese government was giving serious thought to the problem.
President Patil also raised the issue of setting up of Chinese banks in India. There were 11 Indian banks operating in China, with four of them — State Bank of India, Bank of India, Canara Bank and Bank of Baroda — having full-fledged offices.
On the last day of her six-day trip, Patil will be addressing businessmen and entrepreneurs at the China Business Forum Monday.
26.07.2024 |
|
 |
|
|
 |
09:28 |
Ongoing Economic Crisis in Argentina Impacts Dairy |
15.07.2024 |
|
|
|
|
|
10:28 |
Decline of China Pork Imports Continues in 2024 |
|
08:20 |
Lower Prices Propel Mexico 2023/24 Soybean Meal Imports |
13.07.2024 |
|
|
|
|
|
10:15 |
China Imports of Major Feed Grains at Record for Oct-May period |
12.07.2024 |
|
|
|
|
|
01:08 |
Climate risks projected to affect fish biomass around the world's ocean, FAO report says |
06.07.2024 |
|
|
|
|
|
10:15 |
Global cereal production 2024 forecast scaled up and now set to exceed the 2023 level |
|
10:01 |
FAO Food Price Index stable in June |
03.07.2024 |
|
|
|
|
|
12:31 |
World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million |
|
12:23 |
U.S. wheat exports are forecast to rebound by more than a million tons in the 2024/25 marketing year |
01.07.2024 |
|
|
|
|
|
08:58 |
World apple production for MY 2023/24 is forecast to rise more than 700,000 tons to 83.7 million |
|
08:39 |
World coffee production for 2024/25 is forecast to rebound 7.1 million bags |
25.06.2024 |
|
|
|
|
|
17:57 |
Central, Eastern and South-Eastern European banks report strengthening loan demand and improving profitability |
|
17:05 |
Global Environment Facility approves $70 million to support FAO projects in 28 countries |
24.06.2024 |
|
|
|
|
|
04:15 |
Emergency brake triggered for oat imports from Ukraine |
23.06.2024 |
|
|
|
|
|
09:00 |
Colombia Production: Two Periods of Sharp Decline |
19.06.2024 |
|
|
|
|
|
15:35 |
World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million |
|
10:35 |
India Apple Imports Forecast at a Record High |
12.06.2024 |
|
|
|
|
|
09:21 |
FAO Food Price Index slightly up in May: higher cereal and dairy prices offset easing sugar and vegetable oil quotations |
03.06.2024 |
|
|
|
|
|
14:04 |
Commission clarifies support for farmers in case of exceptional weather events |
|
13:33 |
Digitalization: it is time to bridge the gap between urban and rural areas |
22.05.2024 |
|
|
|
|
|
18:25 |
Two years of Solidarity Lanes have brought the EU, Ukraine and Moldova closer together |
21.05.2024 |
|
|
|
|
|
08:10 |
Seven additional private sector leaders announce support for Antimicrobial Use Stewardship Principles in poultry, now includes over 40% of global poultry meat production |
13.05.2024 |
|
|
|
|
|
23:32 |
EU extends trade support to Ukraine for one more year |
|
04:36 |
European Union corn is forecast at 18.0 million tons |
11.05.2024 |
|
|
|
|
|
18:55 |
2024/25 Grain Consumption Expands while Trade Moderates |
|
18:47 |
Oilseeds Stocks Forecast to Reach Record Highs in 2024/25 |
06.05.2024 |
|
|
|
|
|
09:17 |
The International Year of the Woman Farmer in 2026 Approved by the UN General Assembly, it will increase awareness of the crucial role women farmers play in agrifood systems |
04.05.2024 |
|
|
|
|
|
08:10 |
2024 wheat forecast trimmed |
03.05.2024 |
|
|
|
|
|
21:25 |
Rising international quotations for meat, cereals and vegetable oils offset drops for dairy and sugar |
|
07:10 |
El Niño and La Niña: four crucial steps to build climate resilience |
01.05.2024 |
|
|
|
|
|
08:25 |
Acute hunger remains persistently high in 59 countries with 1 in 5 people assessed in need of critical urgent action |
29.04.2024 |
|
|
|
|
|
10:43 |
New CEO at BASF: Martin Brudermüller hands over to Markus Kamieth |
25.04.2024 |
|
|
|
|
|
09:45 |
Parliament approves a revision of the EU’s common agricultural policy |
23.04.2024 |
|
|
|
|
|
16:23 |
MEPs approve trade support measures for Ukraine with protection for EU farmers |
17.04.2024 |
|
|
|
|
|
18:08 |
Ministry of Agrarian Policy and Food predicts this year’s harvest of grains and oilseeds at about 74 million tonnes |
16.04.2024 |
|
|
|
|
|
12:12 |
West Africa Cocoa Shortage Pushes Up Prices |
11.04.2024 |
|
|
|
|
|
23:48 |
U.S. Soybean Meal Exports Forecast at Consecutive Records in 2022/23 and 2023/24 |
|
23:10 |
EU Wheat Exports Challenged by Russia’s Growing Dominance |
|
11:30 |
Country of origin of honey must be clearly visible on the label. EU honey traceability system to be developed |
10.04.2024 |
|
|
|
|
|
15:59 |
Commission starts setting up the Agriculture and Food Chain Observatory |
|
15:33 |
Commission approves ˆ2.2 billion German State aid scheme to support the decarbonisation of industrial processes to foster the transition to a net-zero economy |
|
13:17 |
Donau Soja urges EU for clarity on EUDR implementation |
09.04.2024 |
|
|
|
|
|
10:44 |
Ukraine remained the third source of EU imports in 2023, with a value of EUR 11.8 billion |
06.04.2024 |
|
|
|
|
|
10:04 |
World cereal output seen up in 2023/24 |
|
09:55 |
FAO Food Price Index rises in March |
05.04.2024 |
|
|
|
|
|
10:04 |
Shellfish Crop Insurance Program Offers Oyster Producers Needed Protection from Environmental Challenges and More |
03.04.2024 |
|
|
|
|
|
23:01 |
Croatian horseradish root ‘Ludbreški hren' added to register of Protected Designations of Origin |
02.04.2024 |
|
|
|
|
|
10:15 |
FAO and chef Fatmata Binta announce new project to empower women fonio producers in Ghana |
28.03.2024 |
|
|
|
|
|
12:55 |
Council compromise on Ukraine ATMs – Only a half step forward in the right direction |
|
09:18 |
Commission approves amendment to Italian State aid scheme to support companies in Friuli Venezia Giulia in the context of Russia's war against Ukraine |
Also available: 
|
| |
|
|
