Agriota
- The United Arab Emirates (UAE) launched Agriota, a new technology-driven agri-commodity trading and sourcing e-market platform.
- The market platform aims to bridge the gap between millions of rural farmers in India and the Gulf nation’s food industry.
- This launch followed the India-UAE Virtual Buyer Seller Meet titled “Forge a New Path in COVID-19” organised on August 20.
- India exported more than USD 38 billion of agricultural and processed food products in Middle East.
- This platform guarantees secure transactions of funds through proprietary banking system with a multi-tier escrow structure and ensure traceability to create value for all stakeholders.
- This launch will also enable UAE to make a step closer to the top of the Global Food Security Index.
