ECONOMYNEXT – India has relaxed an export ban allowing 10,000 metric tonnes of onions to be shipped to Sri Lanka, the Indian High Commission in Colombo said.
“The exemption for Sri Lanka reiterated India’s Neighbourhood First policy, adding to the Sinhala and Tamil New Year festivities here,” the statement said.
Onion prices went up in Sri Lanka after India and Pakistan banned exports.
The Directorate General of Foreign Trade has issued a notice allowing National Co-operative Exports Limited to ship 10,000 MT of onions.
The UAE has also been allowed to import 10,000MT of onions on top of 24,400MT already permitted.
A large Indian and South Asian expat community lives in the UAE. (Colombo/Apr15/2024)