Global Trade Alert
Global Trade Alert

India: Foreign Trade authority amends foreign trade policy to impose restrictions of gold and silver imports

Announcement

25 Aug 2017

The Directorate General of Foreign Trade amended the Foreign Trade Policy to impose restrictions on imports and exports of gold and silver.

Source

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

25 Aug 2017

Revocation date:

No revocation date

Updated: 25 Aug 2017
Export-related non-tariff measure, nes In force

The new Principle which allows the DGFT to restrict trade in silver and gold also permits restrictions on exports of these products. 

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Updated: 25 Aug 2017
Import-related non-tariff measure, nes In force

The Directorate General of Foreign Trade amended the Principles of Restrictions within the Foreign Trade Policy, which specify the conditions wherein the DGFT will have authority to impose restrict...

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