Meldingen uit de sector importeren/exporteren

Para C.24 of the RBI Master Direction no.16/2015-16 dated January 1, 2016 (as amended), deals with write-off in cases of payment of claims by ECGC and private insurance companies regulated by the Insurance Regulatory and Development Authority of India. It clearly says that surrender of incentives, if any, in such cases will be as provided in the Foreign Trade Policy (FTP).

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Leasing platform Container xChange said there were “few signs” of shortages being resolved, highlighting steep increases in new and used equipment prices since last year. As container prices in China and India continue to surge, local forwarders are “busier than ever” trying to secure space.

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On Thursday, DP World said that it handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021.

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The US government has chosen to lift the export ban on the essential raw materials required by the vaccine manufacturer in India to produce the COVID-19 vaccine. This development comes after National Security Advisor Ajit Doval and his US counterpart Jake Sullivan had a phone conversation regarding the spike in COVID-19 infections across the country.

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The frightening rise in Covid-19 infections in recent weeks and partial lockdowns and restrictions in many parts of the country have heightened uncertainty regarding the pace of an economic revival. Given the strong possibility of modest-to-severe disruptions in domestic supply chains and contraction in domestic demand, the best hope for posting moderate economic growth comes from improved export prospects.

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The global shipping industry is calling on the world's governments to tax its carbon emissions. Groups representing more than 90% of the worldwide fleet say the measure is needed to tackle climate change.

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India's export of leather and leather products declined about 28.3% to $3.3 billion in 2020-21 from $4.6 billion in 2019-2020 due to the COVID-19 impact on the European Union's key markets, the U.K. and the U.S., according to the Council for Leather Exports.

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On Sunday, the Engineering exporters body EEPC said that states' imposition to contain rising coronavirus cases could affect the exports, and the worst impacted would be MSMEs. The Engineering Export Promotion Council (EEPC) said while recovery in the last few months of the fiscal year offers a ray of hope for the sector, the rising number of COVID-19 cases poses a downward risk.

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The Commerce Ministry's investigative arm DGTR has recommended the imposition of anti-dumping duty on the import of certain copper products used in the electrical industry from China, Thailand, Korea and three other countries for five years to guard domestic manufacturers from cheap imports.

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