https://sputniknews.in/20240416/india-imposes-port-restrictions-on-exporting-essential-commodities-to-maldives-7144982.html
India Imposes Port Restrictions on Exporting Essential Commodities to Maldives
India Imposes Port Restrictions on Exporting Essential Commodities to Maldives
Sputnik India
Amid tensions between Maldives and India, the Directorate General of Foreign Trade has imposed port restrictions for the export of essential commodities to the island nation during the fiscal year 2024-25.
2024-04-16T14:41+0530
2024-04-16T14:41+0530
2024-04-16T14:41+0530
business & economy
india
maldives
lakshadweep
government of india
export embargo
rice export ban
trade corridor
sea trade
trade barriers
https://cdn1.img.sputniknews.in/img/07e8/01/06/6111897_0:67:1280:787_1920x0_80_0_0_2770f1e66c8f54d40e7af6d5d109ffec.jpg
Amid diplomatic row between India and Maldives, the Directorate General of Foreign Trade has imposed port restrictions for the export of essential commodities that were recently permitted to be transported to the island nation during the fiscal year 2024-25.The port restrictions are expected to see a significant impact on the delivery of essential goods to the Maldives.Last week, India not only lifted the ban on the export of certain quantities of essential commodities for 2024-25 under the 1981 bilateral trade agreement but also increased the quantity of the products from 5 percent to 25 percent.
https://sputniknews.in/20240406/india-lifts-export-restrictions-on-essential-goods-export-to-maldives-despite-row-7060888.html
india
maldives
lakshadweep
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
2024
Sangeeta Yadav
https://cdn1.img.sputniknews.in/img/07e6/0c/0f/110602_0:0:641:640_100x100_80_0_0_c298016a79eb02ef8caa9d1f688c12a5.jpg
Sangeeta Yadav
https://cdn1.img.sputniknews.in/img/07e6/0c/0f/110602_0:0:641:640_100x100_80_0_0_c298016a79eb02ef8caa9d1f688c12a5.jpg
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Sangeeta Yadav
https://cdn1.img.sputniknews.in/img/07e6/0c/0f/110602_0:0:641:640_100x100_80_0_0_c298016a79eb02ef8caa9d1f688c12a5.jpg
restrictions on export, essential products, maldives, diplomatic row india, directorate general of foreign trade, essential commodity, mundra sea port, tuticorin sea port, nhava sheva sea port, icd tughlakabad, bilateral trade agreement but
restrictions on export, essential products, maldives, diplomatic row india, directorate general of foreign trade, essential commodity, mundra sea port, tuticorin sea port, nhava sheva sea port, icd tughlakabad, bilateral trade agreement but
India Imposes Port Restrictions on Exporting Essential Commodities to Maldives
On April 5th, India removed restrictions on the export of essential products such as potatoes, onions, eggs, rice, wheat flour, and sugar to the Maldives for the current fiscal year.
Amid diplomatic row between India and Maldives, the Directorate General of Foreign Trade has imposed port restrictions for the export of essential commodities that were recently permitted to be transported to the island nation during the fiscal year 2024-25.
The export of essential commodities to the island nation shall be permitted only through four customs stations including Mundra Sea Port, Tuticorin Sea Port, Nhava Sheva Sea Port, and ICD Tughlakabad, as stated in the notification by the DGFT.
The port restrictions are expected to see a significant impact on the delivery of essential goods to the Maldives.
Last week, India not only lifted the ban on the export of certain quantities of essential commodities for 2024-25 under the 1981 bilateral trade agreement but also increased the quantity of the products from 5 percent to 25 percent.
