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Date: 22/04/2024

DGFT notifies port restrictions for essential commodities export to Maldives

The Directorate General of Foreign Trade (DGFT) has issued a notification imposing port restrictions for the export of essential commodities to the island nation during the fiscal year 2024-25. The notification, issued under the Foreign Trade (Development & Regulation) Act, 1992, incorporates specific conditions for exporting essential commodities under the prohibited/restricted category to Maldives. Export of essential commodities falling under the prohibited/restricted category to Maldives will now be permitted only through four designated Customs Stations which include Mundra Sea Port, Tuticorin Sea Port (VOC Port), Nhava Sheva Sea Port (JNPA) and ICD Tughlakabad. The move comes as part of the bilateral trade agreement between the Government of India and the Government of Maldives. Earlier, on April 5, India had removed the restrictions on the export of a specified quantity of nine products including potatoes, onions, eggs, rice, wheat flour and sugar to the Maldives for the current fiscal year, as per a report.
 
source: Exim News Service: New Delhi, April 21



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