Export Policy of Onions- Imposition of Minimum Export Price (MEP) - 19/2015-2020 - Foreign Trade Policy

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhavan, New Delhi Notification No. 19/2015-2020 Dated: 13 th September, 2019. Subject: Export Policy of Onions- Imposition of Minimum Export Price (MEP). S.O. 3285 (E). - In exercise of powers conferred by Section 3 of the Foreign Trade (Development Regulation) Act, 1992 (No. 22 of 1992) , as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020 , the Central Government hereby makes amendment, with immediate effect, by substituting Para-2 of Notification No. 48/2015-20 dated 02.02.2018 relating to export of onion; as under: 2. The amended para 2 of Notification No. 48/2015-20 dated 02.02.2018 is amended to read as: Export of onion for the item description at Serial Number 51 52 of Chapter 7 of Schedule 2 of ITC (HS) classification of Export Import Items shall be permitted only on Letter of Credit (LC) subject to a Minimum Export Price (MEP) of US$ 850 F.O.B per Metric Ton till further orders 3. Effect of this Notification: Export of all varieties of onions, as described above, will be allowed only on Letter of Credit (LC) subject to a Minimum Export Price (MEP) of US$ 850 F.O.B per Metric Ton till further orders. (Alok Vardhan Chaturvedi) Director General of Foreign Trade Ex-officio Addl. Secretary to the Govt. of India (Issued from File No. 01/91/180/922/AM08/EC (Vol. 4))