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Agriota

  • Posted By
    10Pointer
  • Categories
    Economy
  • Published
    1st Sep, 2020
  • 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.

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