India lifts restrictions on exports to Maldives
Export of essential commodities was exempted from domestic restrictions.
08 May 2019, 9:00 AM
India has exempted exports of essential commodities to the Maldives from any form of domestic restrictions.
“Export of potatoes, onion, rice, wheat flour, sugar, dal and eggs has been permitted to Maldives under bilateral trade agreement between India and Maldives during the period 2019-20 with effect from April,” reads an official notification issued by India’s directorate general of foreign trade on Tuesday.
According to Indian media reports, the fixed quantity for potatoes, onion, rice, wheat flour, sugar, dal and eggs approved for the Maldives is significantly higher than the previous fiscal year.
Bilateral trade between India and Maldives increased to US$222.68 million in the 2017-18 fiscal year, up from US$206.97 million during the previous fiscal period.
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