Executive Summary:
This notification, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, permits the export of specific quantities of potatoes, onions, rice, wheat flour, and sugar to the Republic of Maldives under a bilateral trade agreement between the Governments of India and Maldives for the period of 2017-18. These exports are exempt from any existing or future restrictions or prohibitions. The notification takes effect from April 2017.
Key Points / Main Content:
* **Export Authorization:**
* The Central Government authorizes the export of specified quantities of essential commodities to the Republic of Maldives.
* **Commodities and Quantities (in MT):**
* Potato: 11714.45
* Onion: 19466.36
* Rice: 67640.24
* Wheat Flour: 59442.17
* Sugar: 11706.30
* **Exemption from Restrictions:**
* The export of these items to the Republic of Maldives is exempt from any existing or future export restrictions or prohibitions during the period 2017-18.
* **Effective Period:**
* The permission is effective for the period of 2017-18, starting from April 2017.
Impact Analysis:
* **Republic of Maldives:**
* *Impact:* Ensures the supply of essential commodities (potatoes, onions, rice, wheat flour, and sugar) according to the bilateral trade agreement with India.
* *Action Required:* To coordinate the import of the specified quantities of essential commodities within the 2017-18 period.
* **Indian Exporters:**
* *Impact:* Allows for the export of the specified commodities to the Republic of Maldives, free from existing or future restrictions, providing a defined market.
* *Action Required:* To adhere to the specified quantities for export and ensure compliance with the terms of the bilateral trade agreement during the specified period.
* **Directorate General of Foreign Trade (DGFT):**
* *Impact:* Responsible for implementing and monitoring the export of the specified commodities to the Republic of Maldives as per the notification.
* *Action Required:* To oversee and ensure compliance with the notification and the bilateral trade agreement.
Key Entities Referenced
A. K. Bhalla: Director General of Foreign Trade
Foreign Trade Development and Regulation Act, 1992: An act that empowers the Central Government to make provisions for regulating or prohibiting the import or export of goods.
Foreign Trade Policy FTP 2015-2020: A policy document outlining guidelines and objectives for promoting and regulating foreign trade in India.
Central Government: The executive authority of the Union of India, responsible for formulating and implementing trade policies.
Republic of Maldives: The recipient country of the exported essential commodities (potato, onion, rice, wheat flour and sugar) under a bilateral trade agreement.
Government of India: The exporting country involved in the bilateral trade agreement with the Republic of Maldives.
Directorate General of Foreign Trade: The agency of the Ministry of Commerce and Industry, Government of India responsible for implementing the Foreign Trade Policy.
New Delhi: Capital of India, location where the notification was issued.
REGD. NO. D. L.-33004/99
EXTRAORDINARY
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PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 27th June, 2017
No. 12/2015-2020
Subject: Supply of essential commodities to the Republic of Maldives during 2017-18
S.O. 2022(E).—In exercise of the powers conferred by Section 3 of the Foreign Trade
(Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with paragraph 1.02 and 2.01 of
the Foreign Trade Policy (FTP) 2015-2020, the Central Government hereby allow the following quantities of
potato, onion, rice, wheat flour and sugar for export to the Republic of Maldives under bilateral trade
agreement between Government of India and Government of Maldives during the period 2017-18:
Item Quantity (in MT)
Potato 11714.45
Onion 19466.36
Rice 67640.24
Wheat Flour 59442.17
Sugar 11706.30
2. Export of the above items shall be exempted from any existing or future restriction / prohibition
during the period 2017-18 to the Republic of Maldives
3. Effect of this notification:
Export of potato, onion, rice, wheat flour and sugar has been permitted to the Republic of Maldives
under bilateral trade agreement between Government of India and Government of Maldives during
the period 2017-18 w.e.f. April, 2017 as per the quantities indicated in the Table at Para 1 above.
The export of above items to Republic of Maldives will be exempted from any existing or future
restriction / prohibition on export.
[F. No. 01/91/171/59/AM09/Export Cell]
A. K. BHALLA, Director General of Foreign Trade
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.