Import/Export Industry Notifications
06 January 2021
SPLASH24X7 | European Commission urged to act amid record box freight rates
06 January 2021
In a joint letter sent to the Competition Directorate of the European Commission yesterday, the European Freight Forwarders Association (CLECAT) and the European Shippers’ Council (ESC) have informed the commission on issues arising from carriers’ ongoing practices. The two organisations claim liners have been violating existing contracts, creating unreasonable conditions concerning the acceptance of bookings and unilaterally setting of rates far more than those agreed in contracts.
06 January 2021
THE HINDU | ICD project work gains steam, will benefit export sector
06 January 2021
The ICD will provide a one-stop solution to customs clearance, export-import procedures and shipment formalities, and reduce the logistic cost. The existing project is also in sync with the government’s policy on logistics which aims for a reduction in logistic costs from 16-20% to 10% of the GDP and reduce the dependence on the road from existing 60% to 25% while increasing the share of rail from 35% to 60%.
06 January 2021
INDIAN EXPRESS | Fresh Covid-19 lockdown in Europe cast shadow on India’s grapes exports
06 January 2021
The fresh coronavirus lockdown in European countries has cast a shadow of ambiguity on India’s grapes exports, the season for which is set to start next week. While orders have come for exports, most are ambiguous about how the season would pan out as a greater part of Europe goes under an extended lockdown in fear of the new strain of the coronavirus.
06 January 2021
FINANCIAL EXPRESS | India likely to export 10 MT of non-Basmati rice in 2020-21 season
06 January 2021
B Krishna Rao, president, AIREA, said that India had exported 8 million tonnes in 2017-18, the highest export of non-basmati rice so far. It is likely to export around 10 million tonne in the 2020-21 season.
06 January 2021
ET | India’s exports of basmati rice to Belgium and Netherlands ascend
06 January 2021
In the midst of the farmers’ agitation, South Asians in Belgium and the Netherlands are stocking up on basmati rice from India, benefitting growers in Punjab and Haryana.
06 January 2021
THE HINDU | Dropping of word ‘halal’ from APEDA manual won’t hurt trade, say meat exporters
06 January 2021
Meat exporters say the Agricultural and Processed Food Products Export Development Authority's (APEDA) decision to remove the word 'halal' from its red meat manual will not affect business as exports will continue as per the requirements of the buying country.
06 January 2021
THE LOADSTAR | BIFA publishes post-Brexit Standard Trading Conditions
06 January 2021
BIFA publishes a new edition of its Standard Trading Conditions (STC), replacing its 2017 issue. The latest edition reflects the UK’s exit changes from the EU and changes to direct/indirect representation with HMRC.
06 January 2021
THE LOADSTAR | Brexit forces retailers to localise Northern Ireland supply chains
06 January 2021
Brexit has forced a few retailers to localise supply chains in Northern Ireland in a temporary move to bypass new customs restrictions.
06 January 2021
THE BUSSINESS TIMES | Shipping container crunch forces Thai rice exports to stay low
06 January 2021
Thailand's rice exports are headed for another desolate year, after dipping to the lowest volume in two decades in 2020, exporters said, as a global shortage of shipping containers reduces the prospects of increasing shipments.
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