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Centre eases export rules for cotton, yarn

Date 10-December-2014
Subject Centre eases export rules for cotton, yarn

New Delhi : The Government has eased cotton and cotton yarn export rules to boost overseas sales as slowing demand from China has hit India’s trade in the commodity.

With the change in rules, the Government has ‘dispensed with’ the registration requirement for exports of cotton and cotton yarn, the Government said in two separate notifications. Prior to this notifications, traders were required to register in advance their targeted export volume for the year.

Source : dailyshippingtimes.com

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