Meldingen uit de sector importeren/exporteren

Commerce and industry minister, Piyush Goyal said the key incentive scheme for exports Merchandise Export from India Scheme (MEIS) is not going anywhere and that it is a cash flow issue for which the government will find a solution that does not impact exports. The Govt. is in dialogue with the requisite authorities.

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The Tamil Nadu government announced the extension of general lockdown till August 31. Interstate and intrastate public and private bus transport are not allowed. The government would implement intense lockdown in the state on all Sundays of August without any relaxations.

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The government has begun an exercise to identify exemptions under the customs duty law that need to be weeded out. It has sought suggestions from industry and other stakeholders on phasing out exemptions and simplifying customs procedures. The crowdsourcing exercise, which is not limited to only a few notifications or sectors will go on till August 21.

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Virtual events have become buzzword after the outbreak of COVID- 19 and the leather sector, which was badly affected due to the lockdown and cancellation of export orders, is utilising the online platform to attract global customers. The industry has witnessed a significant recovery in June and they are expecting that these virtual events will further lead to its revival. The Council for Leather Exports (CLE) is organising virtual leather fairs, exhibitions and B2Bmeetings in different countries with the support of Indian Embassies. So far, the virtual fairs have been organised in Korea and Vietnam and soon events will be held in Russia and Peru.

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By shifting its focus on cultivation and effectively handholding farmers, the country can be among the top-five exporters of agro commodities, according to a report by the World Trade Centre. The report comes at a time when the government has announced some reforms in the farm sector by allowing farmers to sell products outside the regulated APMC markets. This along with the relaxation of the Essential Commodities Act, among others, can help boost exports.

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Indian Railways hopes to become fully ‘Made in India’ in a year by bringing down its import dependence to nil. In 2016-17, the import content in overall-procurement was 6-7 per cent, which dropped to 1.46 per cent last year. The import content is expected to be zero from next year.

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India is working to ensure that the next round of import tariff hikes targeting China includes items that are covered under free trade agreements with other trade partners. This is done to insulate them, and for which domestic capacities and alternatives exist to avoid shortages. The Commerce and Industry Ministry has received inputs from various industry bodies and the council's proposing items where import duties can be increased. The suggestions are being vetted for their appropriateness and a final list is being drafted.

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After a long period of civil war which ended in 1996, Guatemala is progressing on the path of economic reconstruction. The trade relations between India and Guatemala are on the upswing. The trade between the two countries stands at around USD 300 million. Recently an EEPC delegation of 20 Indian companies visited Guatemala and held several B2B meetings, which was organized by the Indian Embassy. Since Central America is close to the US, these countries have become good destinations for investment in IT.

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Tension prevailed at Yellapuvanipalem when the fire broke out at gateway container yard near Sheela Nagar. The fire broke out in two containers of sodium fluoride solution at CFS container yard. Around noon, the fire services department got a call and two fire tenders were rushed from Peda Gantyada. A major accident was averted as the fire was brought under control. Property worth Rs 8 lakh was damaged due to fire as per the yard officials.

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