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TMI BlogSubject: Amendment in Para 2.17 of the Foreign Trade Policy 2015-2020 on imports and Exports to Democratic People's Republic of Korea (DPRK) in terms of UNSC resolutions concerning DPRK.X X X X Extracts X X X X X X X X Extracts X X X X ..... importers, exporters, general trade, and all other stakeholders is invited to Notification No.35/2015-2020 New Delhi, dated 18th October, 2017 issued by DGFT. 2. Vide aforesaid Notification Central Government has made amendment to the Paragraph 2.17 of FTP 2015-2020,as notified vide Notification No. 41/2015-20 dated 21.03.2017, with immediate effect. 3. Paragraph 2.17 of the Foreign Trade Policy (FTP) 2015-2020, as notified vide Notification No.41/2015-20 dated 21.03.2017, stands substituted as follows: 2.17 prohibition on direct or indirect import and export from/to Democratic People's Republic of Korea (DPRK) Prohibition on export: (A) The direct or indirect supply, sale, transfer or export of the followi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... overnment, except food or medicine, that could directly contribute to the development of the Democratic People's Republic of Korea's operational capabilities of its armed forces. This measure is subject to the exemptions set out in paragraph 8 (a) and (b) of Resolution 2270 (2016); Prohibition on import: (B) The direct or indirect procurement or import from DPRK, of items, whether or not originating in DPRK, covered in sub-paragraphs (A)(i), (A)(ii), (A)(iii) and (A)(v) above is prohibited. Sectoral prohibitions (export) (C) The direct or indirect supply, sale, transfer or export of the following items to DPRK is prohibited: (i) new helicopters and vessels, except as approved in advance by the C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... including but not limited to fabrics and partially or fully completed apparel products). This measure is subject to the exemptions and procedures set out in paragraph 16 of Resolution 2375 (2017); Explanation.- a) UNSC means the United Nations Security Council; b) IAEA means the International Atomic Energy Agency; c) Committee means the Committee of the UNSC set up in terms of paragraph 12 of Resolution 1718 (2006); and d) Resolution, as the case may be, means the UNSC Resolutions under Chapter VII of the Charter of the United Nations on Democratic People's Republic of Korea, namely, 1718 (2006), 1874 (2009), 2087 (2013), 2094 (2013), 2094 (2013), 2270 (2016), 2231 (2016), 2356 (2017), 2371 (2017) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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