Wednesday, September 23, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Banking & Finance

DGFT considering Policy on exports of ‘Dual Use’ category

Fiinews by Fiinews
August 25, 2018
in Banking & Finance, Exports, Imports, Manufacturing
Reading Time: 2 mins read
A A
0
0
SHARES
16
VIEWS
LinkedinShare on Twitter

Dialogue for further enhance compliance

 

IR Class logo

 

 

In order to facilitate the export of specialised chemicals falling under the ‘Dual Use’ category, the Directorate General of Foreign Trade (DGFT) is actively considering a policy of issuing general and bulk licenses, drawing upon the templates used by several countries that are members of multilateral export control regimes.

This was stated by Sanjay Tiwari, DGFT Deputy Director, while addressing the workshop on ‘Trading in Strategic and Dangerous Chemicals: What the Industry needs to know’.

DGFT is committed to a sustained dialogue to further enhance corporate compliance so that India maintains its strong non-proliferation record while also maximizing the opportunity for robust growth in the chemical sector, he said.

Dr. Anupam Srivastava, CEO, SafeZone India and Non Resident Fellow, Stimson Centre, highlighted the need for updated policies, control list and guidelines upon joining the Australia Group (on 19 Jan 2018), eliciting industry feedback on whether any process-level simplifications might facilitate them for meeting their compliance obligations, and the international best practices in manufacturing and meeting chemical safety and security standards.

Specialised Chemicals falling under ‘Dual Use’ category, i.e. items that have both civilian and military use, are regulated under Indian export control list – SCOMET (Strategic Chemicals, Organisms, Materials, Equipment and Technologies). All items under this list require licence from DGFT, DAE or DDP/Ministry of Defence, prior to export of the regulated commodities.

Anandi Venkateswaran, Under-Secretary (D&ISA), Ministry of External Affairs, said that robust compliance standards by the industry were crucial in building trust with foreign partners and forging technology-based partnerships.

The workshop witnessed participation from a range of companies from the Indian Chemicals sector, experts from Government of India, US Department of Energy, Stimson Centre and the Indian industry who engaged in a technical and policy discussion relating to trade in dual-use items, technologies and services.

It as organized by the Federation of Indian Chambers of Commerce and Industry in association with the Indian Chemical Council (ICC) and Henry L. Stimson Centre of Washington, DC. fiinews.com

Tags: Directorate General of Foreign TradeFederation of Indian Chambers of Commerce and Industry
ShareTweetShare

Related Posts

PIB.
Manufacturing

Manufacture: MoD inks Rs.586cr T-72 and T-90 Tanks

by Fiinews
September 23, 2026
0
14

APU is alternate source for generation of electric power for fire control system The Ministry of Defence has signed a...

Trademe
Exports

Export: Indian companies set to expand in NZ

by Fiinews
September 23, 2026
0
16

New Zealand to invest $20bn in Indian agriculture, manufacturing, start-ups sectors As the India-NZ FTA enters into force from 20...

IESA

Manufacture: $200bn Semiconductor industry by 2035

September 22, 2026
16
)IB

Manufacture: TMZ gets Rs.5,500cr telecom industry

September 22, 2026
17
Textile association (3) (3)

Export: August textile shipments up 16.1%

September 19, 2026
18
NZChamber

Export: NZ parliament pass FTA with India

September 19, 2026
21
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Wipro emerges leader in Everest’s MatrixTM 2018

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Industry reports positive policy outcome
  • Market: India is priority for OPEC, says Al Ghais
  • Market: India-EU FTA discussed in Delhi
  • Tech: DevX AI Pods to deliver right-sized products
  • Tech: Bengaluru to develop Rippling platform

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.