Connect with us

Hi, what are you looking for?

News

India Expands Essential Goods Quotas for Maldives in Landmark Trade Decision

India has announced a historic increase in export quotas for essential goods to the Maldives, reinforcing its commitment to bilateral trade and regional cooperation under its Neighbourhood First policy. The decision marks the largest allocation since the trade agreement between the two nations was established in 1989.

The Indian Directorate General of Foreign Trade (DGFT) confirmed the expansion in a notification issued on Tuesday, detailing the revised quotas for key commodities to be exported during the 2025–26 fiscal year. The updated provisions ensure a steady supply of vital goods, including eggs, potatoes, onions, rice, wheat flour, sugar, dal, stone aggregate, and river sand, which will remain exempt from all current and future export restrictions.

Advertisement


Under the new allocation, export volumes for several essential items, such as onions, eggs, potatoes, sugar, rice, and flour, have been increased by 5%. Meanwhile, dal exports have been granted a significant 56% rise, and quotas for construction materials—including stone aggregate and river sand—have been expanded by 30%.

According to the DGFT’s notification, the revised annual quotas now stand at 448.91 million eggs, 22,589 tonnes of potatoes, 37,537 tonnes of onions, 130,429 tonnes of rice, 114,621 tonnes of wheat flour, 67,719 tonnes of sugar, 350 tonnes of dal, and 1.30 million tonnes each of stone aggregate and river sand.

Despite India’s broader export restrictions on certain essential goods, the Maldives continues to receive special exemptions under this quota system, ensuring uninterrupted access to critical supplies. The Indian government has reaffirmed its commitment to maintaining these exclusive trade benefits, highlighting their importance in supporting the Maldives’ food security and development.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related articles

News

Bank of Maldives (BML) is selling an average of USD 2.7 million in foreign currency each day through card transactions, telegraphic transfers and other...

News

The Prosecutor General’s Office (PGO) has launched an ambitious two-year digital transformation programme that will modernise prosecution services through artificial intelligence, digital case management...

News

The government has officially launched the My Career Portal, a new digital platform designed to bring together job opportunities, career guidance and recruitment services...

News

The Maldives is set to host the 15th International Congress of Anaesthesiologists of SAARC Countries (SAARC-AA Congress 2026) for the first time, bringing together...