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India changes norms for preferential quota Sugar exports to EU, US

India has liberalised the norms for export of preferential quota Sugar to both EU and the US. The change in the policy of the preferential sugar quota will enable all sugar industries in the country to export sugar subject to a minimal requirement of registration from APEDA or DGFT.

Change in the policy of export of Preferential Quota sugar to EU under CXL quota:

The Preferential Quota Sugar to EU and the US was being exported through State Trading Enterprise (STE) subject to quantitative ceiling notified by DGFT from time to time.

The Government has now decided to liberalize the export policy in respect of export of Preferential Quota sugar to EU from ‘STE’ to “Free” regime subject to quantitative ceiling notified by DGFT from time to time.

“The Certificate of Origin shall be issued by the Additional DGFT, Mumbai. The exporters shall be required to furnish the details of actual exports to the Additional DGFT, Mumbai as well as to APEDA,” an official statement said.

Change in the policy of export of Preferential Quota Sugar to USA under TRQ quota:

The Preferential Quota Sugar to USA was being exported through State Trading Enterprise (STE) subject to quantitative ceiling notified by DGFT from time to time. However, the Government has now decided to change the export policy in respect of export of Preferential Quota sugar to USA from ‘STE’ to “Free” regime subject to quantitative ceiling notified by DGFT from time to time.

“The quota will be operated by APEDA, New Delhi as per the modalities and operational guidelines to be notified by APEDA. The exporters shall be required to furnish the details of actual exports to the APEDA, New Delhi. The Certificate of Origin, if required, shall be issued by the Additional DGFT, Mumbai.”
Source: Commodity Online