Author Archive

Commerce and Industry Minister Piyush Goyal emphasized on Wednesday that Indian exporters uphold stringent quality standards, addressing recent concerns over a few consignments of spices as “very very” minuscule and not indicative of broader issues.   Goyal highlighted that the isolated incidents affecting certain spice shipments were minimal compared to India’s robust USD 56 billion […]

News, Trade Policy

July 10, 2024

In a strategic move to streamline rice exports, the government is considering setting a fixed export duty of $100 per tonne on parboiled rice. This proposal aims to address issues of under-invoicing by exporters who currently face a 20% levy on this variety of rice.   A committee, named the Rice Federation Consulting Committee, has […]

Africa, International Trade, News

July 10, 2024

Nigeria has maintained its position as the fourth-largest contributor to intra-Africa trade in 2023, according to the Africa Trade Report 2024. The report indicates a slight decline in Nigeria’s intra-Africa trade volume, totaling $8 billion compared to $8.2 billion the previous year. Despite this decrease, Nigeria continues to account for a significant share of 4.2% […]