Central Government Imposes Limitations On Sugar Exports
Central government put constraints on sugar exports of up to 100 lakh metric tonnes (LMT) from June 1 to October 31. This is to ensure domestic supply and price stability throughout the 2021-22 sugar season (October-September). Exports will be permitted only with the specific consent of the Directorate of Sugar under the Department of Food and Public Distribution. This year's sugar season has seen the largest sugar export in history.
Tags: India, Sugar, Export, Restricted-Export-List, domestic price
Courtesy: ANI
China Expands Restricted Export List; Adds Drones, Space Materials
China's Ministry of Commerce on August 28 expanded its restricted export list by adding 23 more subjects including drones, laser tag and space materials. Reportedly, the ministry said, "The main purpose is to regulate technology exports, promote scientific and technological progress, and economic technological cooperation, and maintain national economic security." The SCMP quoted an economist saying that the decision responded to " the US ban… read-more
Tags: US-China, Restricted-Export-List, Tussle, TikTok
Courtesy: ANI News