Centre bans sugar exports till September 30; only EU, US quota commitments spared
The Centre has tightened sugar trade rules till 2026 while allowing limited exports under quota commitments and existing trade authorisation schemes.
The Centre has tightened sugar trade rules till 2026 while allowing limited exports under quota commitments and existing trade authorisation schemes.
Amid supply disruptions caused by escalating tensions in West Asia, the Directorate General of Foreign Trade (DGFT) has extended the Export Obligation (EO) period for Advance Authorisations and Export Promotion Capital Goods (EPCG) Authorisations till August 31.
Emerging trade opportunities between the United Kingdom and India after the signing in July of the Comprehensive Economic & Free Trade Agreement were explored at a high-level interaction today, organised by the Federation of Indian Export Organisations (FIEO).
Union Minister of Information and Broadcasting Ashwini Vaishnaw, briefing the media on the Cabinet’s decisions, said the mission was announced in the Union Budget 2025–26 with the aim of insulating Indian exporters from global trade uncertainties and addressing persistent bottlenecks in the export ecosystem.
Amid growing apprehensions over the rising volume of duty-free tea imports impacting domestic producers and eroding global credibility, the Tea Association of India (TAI) has urged the Director General of Foreign Trade (DGFT) to urgently review and regulate the ‘Advance Authorization Scheme’ under which teas are imported into India without duty.
These changes align with the commitment of the government to create a more business-friendly environment and improve India’s manufacturing competitiveness, the Ministry of Commerce & Industry said.
In line with ongoing efforts to modernise and streamline foreign trade procedures the Directorate General of Foreign Trade (DGFT) has decided that ad-hoc Input Output Norms will be determined through a rule-based, system-driven process
The export of 50,000 tonnes of onion is being allowed for Bangladesh, while another 14,400 tonnes are being permitted for dispatch to the UAE.
Another important development was that the PM Modi dedicated to nation the International Exhibition-cum-Convention Centre (IECC) complex in New Delhi, and urged the nation to move ahead with the principle of ‘Think Big, Dream Big, Act Big’.
The Confederation of All India Traders (CAIT) came down heavily on the Directorate General of Foreign Trade (DGFT) for promoting e-commerce players to leverage district-specific products and their exports from the country.