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Memorandum of Understanding (MoU) between Government of the Republic of India and the Government of the Republic of Malawi for import of toor- (Ministry of Commerce and Industry) (24 Jun 2021)

MANU/DGFT/0071/2021

Commercial

1. In exercise of powers conferred under paragraph 1.03 and 2.04 of the Foreign Trade Policy (2015-2020) and in accordance with the Memorandum of Understanding (MoU) between Government of the Republic of India and the Government of the Republic of Malawi, the Director General of Foreign Trade hereby notifies the following:

(a) India will provide an annual quota of 50,000 metric tonnes of Tur (pigeon peas) to be imported from Malawi, through private trade, over the next five financial years, i.e., from 2021-22 to 2025-26 (April to March).

(b) In January of every financial year, an evaluation of total quantity of Tur (pigeon peas) export from Malawi to India that have taken place until then will be undertaken. If there is any shortfall In the annual quota, Government of Republic of India will release that shortfall quantity for import from any other country.

2. The procedure and modalities for import under the aforesaid MoU shall be notified separately.

3. Effect of this Public Notice: Import of 50,000 MT of toor from Malawi during 2021-22 to 2025-26 (April to March) as per the MoU entered between Government of the Republic of India and the Government of the Republic of Malawi is notified.

Tags : MOU   IMPORT   TOOR  

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