Export Policy of Onions- revision in Minimum Export Price (MEP).

(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section ii) Government of India Ministry of Commerce & IndustrY Department of Commerce Udyog Bhawan Notification No. 261201 5-20 NewDelhi,ffi

Subject:- Export Policy of Onions- revision in Minimum Export Price (MEP).

S.O. (E)

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment, with immediate effect, in Notification No. 1812015-20 dated 24.08.2015 read with Notification No. 73 (RE- 201 3)12009-14 dated 12.03.2014 relating to export of onion. 2. Para2 of Notification No. l8l20l5-20 dated 24.08.2015 is amended to read as: "Export of onion for the item description at Serial Number 5l &. 52 of Chapter 7 of Schedule 2 of ITC (HS) Classification of Export & Import Items shall be permitted subject to a Minimum Export Price (MEP) of US$ 400 F.O.B. per Metric Ton". 3. Effect of this notification: The Minimum Export Price (MEP) for export of all varieties of onions as described above is revised from US$ 700 F.O.B. per MT to US$ 400 F.O.B. per MT. 14 At-44-- @ Director Gen-eral of Foreign Trade E-mail: dgft@nic.in (Issued from File No. 0l/91/l 8019221 AM08/PC-III/Export Cell)