India has lifted its ban on onion exports, permitting the shipment of 10,000 metric tonnes to Sri Lanka, announced the Indian High Commission in Colombo.
This move, aligned with India’s Neighbourhood First policy, aims to support Sri Lanka during its Sinhala and Tamil New Year celebrations.
The decision comes as a relief for Sri Lanka, where onion prices surged following export bans imposed by both India and Pakistan.
The Directorate General of Foreign Trade has issued a gazette notice granting permission to National Co-operative Exports Limited for the export of 10,000 MT of onions to Sri Lanka.
Furthermore, the UAE has been granted permission to import an additional 10,000 MT of onions, in addition to the 24,400 MT already permitted. This decision is significant given the substantial Indian and South Asian expat community residing in the UAE.
The relevant gazette notification is given below.
