The government today allowed export of over 1 lakh tonnes of wheat flour to Maldives till 2013-2014 fiscal, under the bilateral trade pact.
“Now, the quantity of wheat flour is permitted to be exported for the years 2011-12, 2012-13 and 2013-14 to Maldives under the Bilateral Trade Agreement between India and the Republic of Maldives through (state-owned trading firm) MMTC,” the Director General Foreign Trade (DGFT) said in a notification.
In 2011-12, 32,095 tonnes of wheat flour would be exported to Maldives, it said.
During 2012-13 and 2013-14, India would ship 35,304 tonnes and 38,835 tonnes, respectively, it added.
India has banned the export of wheat and wheat products but allows shipments of small amounts under the diplomatic channel.
The DGFT has also permitted export of stone aggregate to Maldives under bilateral trade agreement between the two governments.
Hi corporatelawreporter.com owner, You always provide helpful diagrams and illustrations.