Who is Piyush Goyal

Export demand from India has seen a surge this year due to the shortage of wheat in the world markets because of the Russia-Ukraine war

22 countries have food regulations to protect their own food security, says union commerce minister

With the WTO chief sitting next to him in the panel, Goyal said India traditionally has never been an exporter of grains and was rather importing initially, till the Green Revolution happened.

Asserting that it was never a traditional player in the international wheat market, India said it will continue to allow wheat export for countries that are vulnerable, friendly

The world's second biggest producer of wheat banned private overseas sales of the grain on May 14 after a scorching heat wave curtailed output and domestic prices hit a record high.

Commerce and Industry Minister Piyush Goyal met World Trade Organisation Director-General Ngozi Okonjo-Iweala and reiterated India's support for strengthening the multilateral trading system

Tells India Inc to focus on value-added exports, ensure jobs come into the country

Speaking at the World Economic Forum in Davos, Goyal also said that India was producing enough wheat for domestic consumption

Goyal reiterated India's position as one of the world's most preferred investment destinations and told them about the massive scope and range of opportunities it presents to investors globally

On WEF 2022 Day 2 schedule, Commerce and Industry Minister Piyush Goyal will be speaking at the WEF event "India at 75: Strategic Outlook"

As India assumes the presidency of the G20 in 2023, the initiative will boost India's position at WEF 2022 meet as an important stakeholder in shaping global narrative

Post Davos, the Commerce and Industry Minister will travel to UK for trade talks

Here is a list of all the events at WEF 2022, Davos that will be attended by Indian ministers, CEOs, and corporate honchos

The minister's comments came after textile mills in Tamil Nadu, a leading exporter of garments, went on a two-day strike earlier this week demanding a ban on exports

This comes amid speculation that the government may ban export of both commodities as a temporary measure to calm down the prices

M K Stalin says several units staring at closure, urges mandatory declaration of cotton and yarn stock, easier cash credit limits for mills to buy cotton

He informed that there are a large number of startups which have emerged in the last six years, with more than 65,000 registered with the ministry

India is also under active discussions with Gulf Cooperation Council (GCC) for a comprehensive trade agreement, the Commerce and Industry Minister Piyush Goyal said

The development is taking place at a time when India is set to begin deeper engagements with the Gulf Cooperation Council (GCC) countries towards inking a free trade agreement (FTA)

There are huge opportunities for increasing cooperation in areas like tourism, design, digital world, services, goods and education between India and Italy to boost economic ties