India’s Agriculture Minister announced that basmati rice will gain strong traction in the US market under the interim CIS–India trade agreement. He emphasized that farmers’ interests remain fully protected, with basmati exports expected to expand significantly. The deal strengthens India’s agricultural trade footprint while ensuring fair benefits for cultivators.
India’s interim trade pact with the Commonwealth of Independent States (CIS) has opened new opportunities for agricultural exports, particularly basmati rice. Agriculture Minister Narendra Singh Tomar highlighted that basmati rice is poised to “rock the US market,” thanks to favorable terms under the agreement. He assured that farmers’ interests have been safeguarded, with mechanisms in place to ensure fair pricing and export benefits.
The deal is expected to boost India’s agricultural trade competitiveness, diversify export destinations, and enhance farmer incomes. With basmati rice already enjoying global demand, the US market presents a lucrative opportunity for expansion.
Key Highlights
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Interim CIS–India trade deal includes basmati rice exports
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Minister Tomar said basmati will “rock the US market”
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Farmers’ interests are protected through fair pricing mechanisms
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Agreement strengthens India’s agricultural trade footprint globally
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Basmati exports expected to expand significantly in the US
Conclusion
The CIS–India trade deal marks a pivotal step in boosting India’s agricultural exports. With basmati rice positioned to capture the US market, the agreement balances global trade ambitions with farmer welfare, reinforcing India’s role as a leading agri-exporter.
Sources: The Hindu, Business Standard, Economic Times, ANI