Page 2 - Export Release Orders News Today

In a separate letter, the ministry has asked mills to submit online the details of the dispatch of sugar for export on a daily basis. In case of non-submission of these details, the applications for EROs may not be considered. Sugar mills have to apply for approval for dispatch of sugar for export/deemed exports, it said. Sugar Export Restrictions: Govt Notifies Capping of Sugar Exports at 10 Million Tonnes for This Year; Exports to Be Allowed with Special Permission.

In a statement, the government said that with a view to maintain domestic availability and price stability of sugar in the country during sugar season 2021-22 (October-September), it has been decided to regulate the sugar exports with effect from June 1.

To maintain domestic availability and price stability of sugar in the country during sugar season 2021-22 (October-September), the Centre also decided to regulate the sugar exports with effect from June 1 till further orders.

'Export of sugar (raw, refined and white sugar) is placed under restricted category from June 1, 2022 onwards,' the Directorate General of Foreign Trade (DGFT) said in a notification

The government has also allowed export of sugar up to 100 LMT in order to maintain the domestic availability and price stability during the season.

The global shortage of sugar has triggered the demand, hence Indian government has taken a precautionary step by putting a cap on the export of sugar to 100 lak

Only 10 millon tonnes can be exported in the remainder of current season ending September

The Central government on Wednesday imposed restrictions on sugar exports up to 100 lakhs metric tonnes (LMT) from June 1, 2022, to maintain domestic availabili

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs