Import/Export Industry Notifications
12 May 2020
TOI | Demand for apparels shoots up due to the Golden Week in Japan
12 May 2020
As the demand for apparels shoots up due to the Golden Week in Japan, it is a golden opportunity for the garment exporters. As the festive occasion is around the corner, the buyers in Japan are desperate for their consignments. They had placed orders months back. But, the garment exporters in Rajasthan are struggling to deliver the Japanese consignments in the crisis due to the outbreak of COVID 19.
12 May 2020
BUSINESS RECORDER | The KPT has offered to provide extra space of KPT land for storage of containers at no cost
12 May 2020
The KPT has offered to provide extra space of KPT land for storage of containers for terminal operators at no cost. The CEOs of private terminals consider some concession in the rental subject to approval by the Board of Trustees. The terminal operators demonstrated a willingness to help the consignees by allowing the additional 10 days free to complete the necessary formalities and clear the cargo.
12 May 2020
BUSINESS STANDARD | The Covid-19 pandemic is prompting many nations to exit China and explore India as a possible alternative
12 May 2020
The Covid-19 pandemic is prompting many nations to exit China and explore India as a possible alternative. The GOI is keen to attract these investments into the country and the exporters are looking to grab China’s share in the global market. India's share in the $1 trillion global plastic exports market is 1% currently, while China's is as much as 10%.
12 May 2020
ET | The West Bengal government did not allow the cross-border movement of essential goods
12 May 2020
The West Bengal government did not allow the cross-border movement of essential goods via the Indo-Bangladesh border. The traders claimed that trucks loaded with rice are stuck at the border, causing daily losses to the freight companies. After the MHA has intervened and directed strictly to the West Bengal state government, rice exports to Bangladesh through West Bengal will likely begin soon.
12 May 2020
ET | Karnataka Govt. has allowed garment units in red zone districts, but outside containment zones, to resume operations
12 May 2020
The Karnataka government has allowed garment units in red zone districts, but outside containment zones, to resume operations. All garment factories having IEC and registered with the AEPC can start operations with one-third of the total workforce in red zone districts. The permission is subject to following the Standard Operating Procedures.
12 May 2020
KHABARHUB | CONCOR-run dry port at Birgunj in Nepal has built a stockpile of 4,000 boxes
12 May 2020
The Nepalese government has allocated Rs 3.42 billion to fight Coronavirus pandemic. CONCOR-run dry port at Birgunj in Nepal has built a stockpile of 4,000 boxes despite having a storage capacity of 1,500 containers. The government has started bringing additional kits for COVID-19 test from Germany through the Nepali Army.
12 May 2020
THE HINDU | The electronic cargo system at India and Nepal ports now does away with Indian Customs
12 May 2020
The electronic cargo system at India and Nepal ports now does away with Indian Customs’ check of Nepal’s third-country imports. The ECTS is an electronic seal that ensures the free movement of the container through the international border.
12 May 2020
THE DAILY STAR | The apparel-makers have requested for a full waiver on the detention charges
12 May 2020
The apparel-makers have requested for a full waiver on the detention charges levied by the shipping lines for holding containers beyond the free time. Detention charges include the money that merchants pay for the use of container within and outside of the terminal beyond the free period. But the shipping lines in gross disregard to the notice have continued to collect the charge.
12 May 2020
TRADE ARABIA | The inconsistent investigative practices by Indian authorities on anti-dumping regulations raise serious concerns
12 May 2020
The inconsistent investigative practices by Indian authorities on anti-dumping regulations raise serious concerns under WTO rules. This threatens to severely hurt GCC economies, and jeopardise $543 million worth of MEG imports. According to GPCA analysis, it is equivalent to 20 per cent of total chemical imports from the region into India.
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