Area
India
Commodity Group
Oilseeds, oils and meals
Commodity
Refined palm oil
Date
01/05/2020
Policy Category
Trade
Policy Instrument
Import policy
Description
Suspended several licences to import refined palm oil, in a bid to protect the domestic refining industry from surging imports of the commodity. The licences concerned imports from neighbouring countries such as Nepal and Bangladesh, which do not produce palm oil but enjoy duty-free access to India based on the South Asian Free Trade Agreement.
Notes
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