India, China ink edible oil trade pact to boost soybean oil imports
Published on: July 2, 2026, 8:43 p.m. | Source: The Economic Times
India's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaboration aims to increase soybean oil imports from China while simultaneously enhancing India's exports of mustard and soybean meals. The agreement is poised to strengthen market ties and foster innovation, especially as China becomes a key supplier of soybean oil to India, addressing the nation's substantial edible oil import needs.
