The finance ministry has exempted imports of crude soya bean and sunflower oils from basic customs duty and agriculture infrastructure and development cess till June 30, subject to certain conditions. The duty exemption is applicable only for importers holding TRQ (Tariff Rate Quota) licence for 2022-23 fiscal. Under TRQ, a certain volume of imports are …
Qatar has lifted its temporary ban on the import of frozen seafood from India, a move which would help increase exports of the product, the commerce ministry said on Friday. The ban was imposed in November last year, just ahead of the FIFA World Cup following alleged detection of Vibrio cholera from a few consignments …
After the pandemic-induced break of two years, feni traders in Goa are looking forward to reviving their efforts of exporting feni. One potential market is Japan, due to its penchant for premium products. Feni stakeholders have requested the Goa government to formally introduce the product in the east Asian country. A delegation of traders, too, …
Feni distillery in Goa looks to Japan to start exports Read More »
Nepal has sought approval from the Indian authorities to export 40-50MW of electricity to Bangladesh through India’s existing transmission infrastructure, says the Nepal Electricity Authority (NEA). In August last year, the two countries decided to request the southern neighbour to allow the export of 40-50MW of electricity from Nepal to Bangladesh in the initial phase …
Nepal seeks India’s permission to use transmission link to export power to Bangladesh Read More »
Inflation-hit Philippines is planning to import 22,000 tons of onions to boost domestic supply as prices of the cooking ingredient increased to as much as $11.68 a kilogram, making it possibly the most expensive in the world. The import proposal was arrived at during a meeting of the agriculture department’s executive committee and will be …
Inflation-hit Philippines eyes onion imports as prices hit $11.68/kg Read More »
The government has authorised the Mobile and Electronic Devices Export Promotion Council (MEDEPC) to issue registration-cum-membership certificates (RCMC), a key document for exporters, for certain products related to the sector including smartphones, smart watches, monitors and parts of mobile phones. According to the foreign trade policy (FTP), an RCMC is required for exporters in order …
The government is likely to announce adjustments in the duty structure for the $200-billion Indian apparel and textile sector in the Union budget next month in a bid to improve Indian competitiveness in cash-strapped Western markets, a senior government official said. Textile manufacturers say they have been forced to cut production days due to high …
Government may change textile duty to increase export competitiveness | Union Budget Read More »
Indian tea industry’s export prospect is bright, as a whole and to G20 nations in particular, amid the uncertainties arising out of the non-placement of fresh contracts from Iran, and doubts over the quality and quantity of the crisis-hit Sri Lankan crop, stakeholders said on Monday. India exported 134.14 million kg of tea in the …
TBI Chairman Says, India’s tea export prospect to G20 nations bright Read More »
Full-body sex doll imports are now officially permitted in South Korea, putting an end to years of controversy about how far the government should intervene in people’s personal lives. Despite the fact that there are no laws or regulations prohibiting the import of sex dolls, the Korea Customs Service has nonetheless confiscated hundreds, if not …
South Korea: lifts ban on import of adult-sized sex dolls | Export Import News Read More »
Manufacturer of Red Bull, an energy drink, has filed a case against Nepal at the World Trade Organization (WTO), citing the restriction imposed by the government on the import of the synthetic drink. Following the incident, the WTO has sent a letter to the government showing concern over the issue. Narayan Prasad Regmi, spokesperson for …
