Global Import Tariff Reforms Expected to Boost Cross-Border Trade in 2026
Governments across Asia, Europe, and Africa are introducing tariff reforms in 2026 to simplify import duties and reduce tax burdens on essential commodities. These reforms are expected to increase global sourcing activity, lower procurement costs, and encourage MSME exporters to expand internationally using B2B platforms like TradeFrisky.
India seen struggling to fulfil sugar export quota, industry sources say
India has exported up to 500,000 metric tons of sugar so far this season, but the pace is already slowing, and it may struggle to fulfil the one million tons allowed by the government, trade and industry sources said on Wednesday.
Govt extends export ban on de-oiled rice bran till Sep
New Delhi: The government has extended the ban on exports of de-oiled rice bran till September 30 this year, according to an official notification. De-oiled rice bran is a major ingredient in the preparation of cattle and poultry feed. It was first banned in July 2023 and has been extended from time to time.
India may cut more import taxes as manufacturing picks up speed
India will continue to bring down tariffs and phase out additional levies on imports as domestic manufacturing improves, a top finance ministry official said, ahead of Prime Minister Narendra Modi's visit to the US. “We will soon start stakeholder consultations with ministries on whether rates can be lowered further without impacting the industry.”
