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Certificates issued for 1.5 MT wheat export after ban.
May 30, 2022

The Directorate General of Foreign Trade (DGFT) has issued registration certificates for 1.5 million tonnes of wheat to exporters having valid letter of credit, after the grain exports was banned on May 13.
 
At an event organised by the Federation of Indian Export Organisations (FIEO), DGFT Santosh Kumar Sarangi said that some applications are pending and are being scrutinised.
 
The government has allowed wheat shipments for which irrevocable letters of credit (L/C) were issued on or before May 13, when the ban of the export of the foodgrain was imposed.
 
Exporters having valid L/Cs would have to register with the regional authorities of the DGFT to obtain registration of contracts to ship their consignments.
 
FIEO along with GlobalLinker has designed and developed the 'Indian Business Portal', an International Trade Hub for Indian Exporters and Foreign Buyers. The B2B digital marketplace seeks to empower SME exporters, artisans and farmers to identify new markets for their products and grow their sales globally.
 
It will digitise Indian exporters and help them become discoverable online, promote exports from all Indian states, showcase India's strength in a wide range of products and services, and provide a trusted network of Indian exporters to Foreign Buyers.
    
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