Meldingen uit de sector importeren/exporteren

Seafood exporters are anxious about the EU-Vietnam FTA. It is expected to give Vietnam an export advantage on marine food products vis-à-vis India in accessing EU markets. Domestic industry fears it will lose the edge in the key export market.

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Government is likely to fast-track import restrictions on 371 Chinese goods. From toys and plastic goods to sports items and furniture goods worth $127 billion - could be placed under restrictions. The commerce ministry is fast-tracking measures to cut down on Chinese imports and the findings will be presented to the Prime Minister's Office soon.

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India's transport companies have lost ₹50,000 cr in the last 2 months. Things haven’t revived for transporters in Maharashtra despite relaxation. According to the trucking companies’ owners and staff, it will take at least two years for things to normalise. Labour issues have not been solved and are hampering our order deliveries, they say.

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The India Carpet Expo was scheduled in Delhi for March but it was cancelled due to the outbreak of COVID-19 pandemic. Carpet exporters are looking to hold a virtual fair in August to attract buyers. A proposal in this regard has been sent to the Union Textile Ministry and Union Commerce Ministry, and their response is awaited.

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The ECGC is ready to support exporters in their endeavour to expand to new markets especially to Africa and Latin America. The crisis is much worse compared to the one witnessed after the global financial meltdown a decade earlier. The working capital cycle of almost all the business units has been impacted.

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MAERSK has issued a notice with an update on short-term booking in the West and East Africa Corridor. All short-term bookings will be done only via Maersk Spot for India, Srilanka and Bangladesh. Instead of receiving rate sheets or requesting for online quotes on these trades, fixed upfront rates will be provided through Maersk Spot. This change comes into effect on July 1st 2020 for dry cargo only.

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Trade between Iran and India, which has been affected by the coronavirus pandemic, is expected to return to normal within one or two weeks. Iran and India had held a new round of negotiations on signing a preferential trade agreement (PTA) between the two sides in mid-February. Signing this PTA is of great significance for India, as the country will be able to diversify its export basket which is now limited to agricultural products.

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The Directorate of Revenue Intelligence (DRI), Mumbai zone, has seized 13 metric tonnes of red sanders which were being smuggled to Sharjah, UAE from the Nhava Sheva port in Navi Mumbai. The blocks of red sanders were concealed in the cover cargo of onions. The central law enforcement agency has also arrested two members of the syndicate.

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After the success in export of fresh vegetables and fruits from farms of Varanasi and adjoining regions in the markets of Dubai and London, the district has taken a step ahead with the efforts to get its own pack house to end its dependency on others like of Rehmankheda in Lucknow. Construction of a pack house by mandi parishad in Varanasi has already been sanctioned by the government.

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