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India removes export restrictions on rice, onions, sugar, 6 others to Maldives

India on Friday removed the restrictions on export of specified quantity of nine products including potatoes, onions, eggs, rice, wheat flour and sugar to Maldives for the current fiscal year.

“The export of above items ot Republic of Maldives will be exempted from any existing or future restriction/prohibition on export,” the Directorate General of Foreign Trade (DGFT) said in a notification, adding that these exports have been permitted to Maldives under bilateral trade agreement between the countries during 2024-25.

India and Maldives signed a trade agreement in 1981, which provides for export of essential commodities.

Dal, stone aggregate and river sand are the other products where export restrictions have been removed.

The specified quantity allowed includes 21,513.08 tonnes of potatoes, 35,749.13 tonnes of onions, 1,24,218.36 tonnes rice, 1,09,162.96 tonnes wheat flour, 64,494.33 tonnes sugar and 224.48 tonnes of dal.

Source Link : https://economictimes.indiatimes.com/news/economy/foreign-trade/india-removes-export-restrictions-on-rice-onions-sugar-6-others-to-maldives/articleshow/109072005.cms?from=mdr

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