Tuesday, 02 January 2024 12:17 GMT

Govt Approves Export Of Essential Commodities To Maldives For 202627


(MENAFN- KNN India) New Delhi, Apr 2 (KNN) India has permitted the export of specified quantities of essential commodities-including eggs, potatoes, onions, rice, wheat flour, sugar and pulses-to the Maldives for 2026–27 under the bilateral trade agreement between the two countries.

The decision was notified by the Directorate General of Foreign Trade (DGFT), which said these shipments will remain exempt from any existing or future export restrictions during the period.

"Export of eggs, potatoes, onions, rice, wheat flour, sugar, dal, stone aggregate and river sand has been permitted to the Maldives... These exports shall remain exempt from any existing or future restrictions or prohibitions during this period," PTI reported, citing the notification.

Specified Quotas and Key Items

The approved quantities include eggs (over 448 million units), rice (over 230,000 tonnes), wheat flour (over 114,000 tonnes), sugar (over 67,000 tonnes), along with potatoes, onions and dal. In addition, exports of construction materials such as stone aggregate and river sand have also been permitted.

The quota for sand and stone aggregates has been increased, reflecting strong demand from the Maldives' construction sector, which depends heavily on imports due to limited natural availability.

Environmental Safeguards in Place

For exports of sand and aggregates, exporters must secure environmental clearances from designated state authorities.

The Chemicals and Allied Products Export Promotion Council (CAPEXIL) will ensure compliance, including adherence to coastal regulation norms and prohibition on mining in restricted zones.

Limited Export Channels

Shipments will be routed through six designated customs points, including Mundra, Nhava Sheva, Tuticorin, Kandla, Visakhapatnam ports and ICD Tughlakabad.

The arrangement is part of the longstanding India–Maldives trade agreement signed in 1981, which allows export of essential commodities to support the island nation's requirements.

(KNN Bureau)

MENAFN02042026000155011030ID1110936851



KNN India

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search