India News: NEW DELHI: The government is considering a proposal to introduce a floor price for onion exports for calculating 40% duty to prevent any under-invoici.
Indian onion export bans enable Iraq and Turkey to gain footholds in global market freshplaza.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freshplaza.com Daily Mail and Mail on Sunday newspapers.
India s onion export ban helps Iraq, Turkey gain foothold in global market
April 20, 2021
Shippers find it tough to win back buyers as Centre resorts to ad hoc moves to stop shipments
Iraq and Turkey are providing tough competition to India in the latter’s traditional onion export market, particularly with the Union Government taking ad hoc decisions to ban shipments over the last few years.
“Iraq and Turkey are waiting to fill in any gap left by India in the onion export market. They gained when India banned onion exports from September 24 to December 31 last year,” said Agri Commodities Exporters Association (ACEA) President M Madan Prakash.