Import/Export Industry Notifications

The United Planters Association of South India (UPASI) has strongly objected to the move to tinker with the import duty structure for tea, saying that it will be counter-productive. Tea is an important agro-industry that employed 2.12 lakh growers and 11.65 lakh workers, of which more than 70% were women.

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Evergreen Line has written to their members to support them through the COVID-19 situation. To accommodate new realities and to mitigate resulting repercussions in process of shipments, the company urges their customers to use the Shipment Link Portal for purposes like electronic Booking, B/L instruction, i-B/L, Cargo Tracking, etc. They encourage customers to register themselves on their newly launched GreenX digital platform for an instant quote and secured space and freight booking conveniently.

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Vizag warehouses store 10 times more ammonium nitrate than what set off the Beirut blast. Godowns close to Central government-run Visakhapatnam Port Trust, India’s biggest ammonium-nitrate importing port, hold more than 10 times the quantity of the compound that led to the August 4 explosion at Beirut in Lebanon, making the port and nearby areas a sitting duck for a disaster.

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The Director-General of Civil Aviation is reported to have suspended the operations of wide-bodied aircraft at the Calicut International Airport, following the accident of the Air India Express flight, killing 18 passengers on board, including the pilot and the co-pilot. Currently, Saudi Arabian Airlines and Air India are operating wide-bodied aircraft at the airport. Sources in the sector said that the DGCA has given a verbal order in this regard to temporarily withdraw the services of these airlines.

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A moderate recovery for sea and road transport is underway, post the easing of lockdown restrictions while air transport remains severely stressed, according to India Ratings and Research (Ind-Ra). India's ports volumes recovered by 80 to 85 per cent of normal levels in June post a sharp 21 to 23 per cent year-on-year drop in volumes during April and May. Imports have been severely hit while exports have recovered to the pre-COVID levels, said Ind-Ra in the first edition of its credit news digest on India's logistics sector.

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Two Indian Companies considered the opportunity and set up plants in Xinjiang and Suzhou Province, but were forced to close down the plant after a few years due to the deliberate restrictive policies by China. China’s foray into the spice extraction and oleoresin industry is giving sleepless nights for the Indian value-added spices industry, which once commanded a dominant position. The first instance of restrictive trade practises by the Chinese is in the ‘Paprika oleoresin’ trade.

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A mammoth explosion' at a Sussex port has sparked a huge blaze - as witnesses miles away from the fire report sightings of plumes of dark smoke. Firefighters rushed to reports of an inferno at a warehouse in Newhaven, East Sussex. The fire was so fierce that the smoke could be seen by people enjoying the sunshine on the beach in Brighton, some ten miles away. Fire crews evacuated the building. No injuries have been reported. People living near the blaze have been urged to keep windows closed. The fire broke out on 'Scorcher Saturday' when temperatures were expected to reach up to 37C.

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The Directorate General of Foreign Trade (DGFT) has extended till August 8 the deadline for filing online applications to avail the current month's export quota for PPE medical coveralls for COVID-19. Due to technical/server issues, the ECOM facility for online application on the DGFT website was not available from 7 PM on August 2 to 4 PM on August 5.

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The Directorate General of Foreign Trade (DGFT) has asked nine automakers to submit details of their annual tyre imports. The government continues efforts to squeeze imports from China amid worsening relations between the two countries.

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