Notificări ale industriei de import/export

The reversal in coffee price trend has left growers bothered in key producing states such as Karnataka and Kerala as they complete the harvest and gear up to start operations such as pruning and maturing for the next season.

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Non-tariff measures (SPS and TBT) issues being faced by the exporters to be raised in the forthcoming WTO SPS/TBT committee meetings. Inputs are requested to be sent to the council by 25th April 2021 via email.

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Users are requested to avoid using the online duty payment feature and use the “Advance Duty Payment” module or TR 6 Challans in order to prevent difficulties. If any transactions are already initiated for online duty payment, but duty payment has failed, the user may send the details to sezinfo@nsdl.co.in, and the transaction will be enabled for payment using TR6.

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The Indian Economy has shown notable resilience during the global pandemic and trade shock that started to affect the global economy towards the end of 2019-20 and acquired catastrophic proportions in 2020-21. Cumulative value of overall exports (merchandise & services) during April-March 2020-21 estimated at USD 493.19 Billion.

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The transport sector is facing losses of around Rs 315 crore every day because of coronavirus restrictions in the country. The chairman-core committee and former president of All India Motor Transport Congress (AIMTC) Bal Malkit Singh said that restrictions by the state government have started affecting the transport sector.

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According to a senior official, Russian bank Sber is ready to become a competence centre for exporters from Russia and India. PJSC Sberbank is Russia''s largest bank and has been operating in India for more than ten years.

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According to a media report on Thursday, the Pakistan government has decided to withdraw customs duty on imported cotton yarns till June to ensure a smooth supply to the country's struggling textile industry.

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India's frozen prawn exports to the United States decreased during the calendar year 2020 to 2,71,831 tonnes from 2,86,902 tonnes of the previous year. However, the country retained the position as the largest exporter of frozen prawn to the US.

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India and Japan are strategic partners with a common interest in promoting peace, security, stability, and prosperity globally, especially in the Indo-Pacific region. Over the years, Japan has been one of the most important economic partners for India’s development.

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