Saturday 13 August 2022

UAE bans export, re-export of Indian wheat

ABU DHABI, June 15, 2022

The UAE has imposed a moratorium on the export and re-export of wheat and wheat flour originating from India, including free zones, for a period of four months starting from May 13, 2022, a Ministry of Economy statement said.
The resolution applies to all wheat varieties, namely hard, ordinary, and soft wheat, and wheat flour.
The ministry explained that this decision comes in view of the international developments that have affected trade flows, and in appreciation of the solid and strategic relations that bind the UAE and India, especially after the signing of the Comprehensive Economic Partnership Agreement between the two countries and the Indian government's approval to export wheat to the UAE for domestic consumption.
The ministry said companies wishing to export/re-export wheat and wheat flour varieties of Indian origin, which were imported into the country before May 13, must submit a request to the ministry to obtain permission to export outside of the UAE. They must submit all documents and files that help verify the data regarding the shipment in terms of its origin, date of transaction, and any other documents that the ministry may require in this regard, it said.
The ministry also indicated that in the case of wheat and wheat flour products of non-Indian origin, companies wishing to export/re-export may do so after applying to the ministry for export permission outside the country. This application must also be supported by all documents and files that help verify the origin of the shipment to be exported/re-exported.
The Ministry noted that the export permit issued to companies is valid for 30 days from the date of issuance and must be submitted to the relevant customs department in order to complete the procedures for exporting the shipment out of the UAE. The application must be submitted to the Ministry of Economy through e-mail [email protected] or directly by visiting the ministry headquarters, the statement said. -TradeArabia News Service


More Miscellaneous Stories

calendarCalendar of Events