Supreme Court: Calling Someone ‘Bastard’ In Heated Exchange Isn’t Obscenity under IPC Section 294  ||  Supreme Court: Even a Single Tainted Public Work Award Violates Article 14  ||  Supreme Court Upholds Lease Cancellation, Denies Relief for Failure to Develop Allotted Land  ||  Supreme Court Quashes Medical Negligence Case, Says Surgeon Best Placed To Choose Procedure  ||  Supreme Court: Sajjadanashin of a Dargah and Mutawalli of a Waqf are Distinct Roles  ||  Supreme Court: Criminal Proceedings Can be Quashed if Reliable Evidence Disproves Allegations  ||  Delhi HC: Promises by CM at Press Conferences are Not Legally Enforceable Without Policy Support  ||  Allahabad HC: Challenges to Tribunal Orders Must be Filed in the HC With Territorial Jurisdiction  ||  Allahabad HC: Challenges to Tribunal Orders Must be Filed in the HC With Territorial Jurisdiction  ||  J&K&L HC: Historical Books Cannot Establish Private Property Titles under Section 57 Evidence Act    

RBI ends barter trade between India and Myanmar- (Reserve Bank of India) (05 Nov 2015)

MANU/APDR/0085/2015

Banking

The Reserve Bank of India has called an end to barter trade at the Indo-Myanmar Border, permissible since 2000. Noting that with a sufficiently diversified trade basket and the presence of banking establishments, it is appropriate for the system of trade to switch over to the normal system from 1 December 2015. With the barter system of trade, goods exchanged between the two countries were devoid of any mention in the banking system and were also not counted in trade statistics.

Relevant : Barter Trade with Myanmar under the Indo-Myanmar Border Trade Agreement MANU/APDR/0010/2000 Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2000 MANU/RFEM/0006/2000

Tags : MYANMAR   BARTER   END   TRADE   BANK   2015  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved