Ban On Sugar Export Relaxed

The Government has partially relaxed the ban which restricted companies to export sugar paving the way for companies to sell the commodity overseas with prior government approval.

according to a notification by the Directorate General of Foreign Trade, The nature of restriction on sugar exports has been changed from "not permitted" earlier to "unless specifically permitted for export by DGFT.

Sugar exports to the US and EU are permitted only through Indian Sugar Exim Corporation Ltd up to a quantitative ceiling notified by the DGFT.

The government had earlier banned sugar exports last month till the end of the current financial year.