(MENAFN- KNN India) India on Tuesday banned trade with Islamic State-linked entities in oil and other products, complying with a UN resolution to act against militants active in oil-rich countries such as Iraq, Syria and Libya.
"Trade with ISIL and related terrorist organisations in oil and oil products (hydrocarbons) and items of cultural, scientific and religious importance is prohibited," Directorate General of Foreign Trade (DGFT) has said in a notification.
Meanwhile, Iraq's Prime Minister Haider al-Abadi earlier this month urged the international community to help prevent the group from gleaning profits from oil smuggling. (KNN Bureau)
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