International

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Nepal seeks India’s permission to use transmission link to export power to Bangladesh

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 …

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Inflation-hit Philippines eyes onion imports as prices hit $11.68/kg

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 …

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Indonesia Plan to Export Two lakh tons Corn to Vietnam, Philippines, and Malaysia

Head of the National Food Agency (Bapanas) Arief Prasetyo Adi said that Indonesia is planning to export corn to Vietnam, the Philippines, and Malaysia in 2023. Bapanas will export as many as 200,000 tons in the first three months (Q1). “In the first three months, as many as 200,000 tons,” Arief said in Tuesday, January …

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South Korea: lifts ban on import of adult-sized sex dolls | Export Import News

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 …

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Russia to Ban Oil Export to countries using price cap from February 2023 | EIN

Russia on Tuesday banned oil sales to countries and companies that comply with a price cap agreed by Western nations, briefly helping to lift crude prices. “The supply of Russian oil and oil products to foreign legal entities and individuals is prohibited if the contracts for these supplies directly or indirectly” are using a price …

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Red Bull’s manufacturer files case against Nepal in WTO against ban on import of energy drinks

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 …

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Medicines Ban: Nepal ban import of medicines from 16 Indian companies, including Patanjali’s, Zydus

The Nepal government has said that it would not import medicines manufactured by 16 Indian companies, including Patanjali’s Divya Pharmacy, Zydus Lifesciences, for failing to keep up with the World Health Organization’s (WHO) good manufacturing practices. The move comes after the WHO issued an alert on Indian-made cough syrups, which were allegedly responsible for the …

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LNG Crisis: Bangladesh govt plans to build USD 2.6 billion LNG import capacity

Notwithstanding the gas crisis, Bangladesh is all set to build liquefied natural gas (LNG) import capacity worth US $ 2.6 billion even if the country was placed 7th on the list of top 10 Asian investors. According to media reports this has been underlined by the US-based Global Energy Monitor (GEN), which in a report …

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Wheat Ban: India lifts ban on wheat export to Nepal

India has lifted the ban it had enforced on export of wheat to Nepal some five months ago. On Thursday, India issued a permission to import 50,000 tons of wheat. Traders say the import of the wheat was, however, continuing in a clandestine way. Arguing that there was a sudden spike in the price of …

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Coal India Imports 3.58 Lakh Ton Coal From Indonesia

Coal India Ltd (CIL) has imported approximately 3.58 lakh tonne of coal from Indonesia, the Parliament was informed on Monday. “Approximately 3.58 lakh tonne of coal has been imported by Coal India Limited (CIL) from Indonesia through the vendor namely M/s GHV-BDE-DIL (JV) during this year on behalf of Thermal Power Plants (TPPs) of State …

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