India has increased the limit on export of construction materials - river sand by 30 per cent and stone aggregate by 95 per cent - to Maldives for the next financial year.
The government has hiked the shipment quantity of river sand (also known as construction sand) to 5.85 lakh tons for 2008-09 from 4.50 lakh tons in the current financial year, the Directorate General of Foreign Trade said in a notification.
The export quantity of stone aggregate has been increased to 5.26 lakh tons from 2.70 lakh tons.
However, export of river sand needs to be cleared by the Chemical and Allied Product Export Promotion Council (CAPEXIL).
The notification specified that the mining of sand meant for export should not be undertaken in the prohibited coastal regulation zone area.
Maldives relies heavily on imports, of which 10 to 11 per cent go from India.
Minister of State for Commerce Jairam Ramesh had said at Male on January 31 that non-tariff barriers between India and SAARC countries, including Maldives should be removed.
As a part of this exercise, India has already allowed release of 20,000 tons of rice, 17,000 tons of sugar and other items to Maldives.
Source: economictimes.indiatimes.com
4 comments:
It is good for Maldevies to receive such a huge quantity of construction sand and aggregrate since we are the largest supplier of river sand to Maldevies.
NACHI PETROCHEMICALS
3/830 S R NAIDU NAGAR
SATTUR 626 203nachipetro@sanchernet.in
Mobile ++91 94431 61089
Mr Mohammed.
it is good but would be better if govt of india pulls back the quota system so that new players can also enter into the market.
it is good but would be better if govt of india pulls back the quota system so that new players can also enter into the market.
Specializes in the export of poultry white eggs, Red onion and Potato Located in Temple City Madurai, Tamil Nadu.
M/s Guru Exports was established in 2007 by Mr Vishnu. The company specializes in export of chicken eggs, red onion and potato. The main products the company distributing is fresh Indian white eggs. It is located in Madurai, Tamil Nadu. “After finished my studies, I was maintaining my fathers’s trading company called Sri Ganesh Pipe Traders for last 10 years which was established in 1979. I got very much interested in export business by my uncle who is already doing export business for last 30 years. So I learnt every thing about export by Export training centre and specially trained 2 years in my uncle’s export company. Every week I got lot of business inquirys through my trade leads on various B2B websites. After I attended lot of inquirys from various country, I got a first buyer from Maldives and I initially supplied Red onion and potato. After few months the same buyer requested to supply white eggs from India. That was the beginning of our business to expand world wide. We supplied best quality chicken eggs with most competitive price. Now we are especially exporting white eggs all over the world especially middle east and African countries and and importing various types of valves from china for our trading company. Today we M/s Guru Exports are one of the largest exporters of chicken eggs in our country.
Guru Exports> Your Satisfaction Is Our Aim.
Post a Comment