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of <h1>Foreign Trade Policy Update: New Rules for TRQ Allocations on Crude Soybean and Sunflower Oil Imports Effective Immediately.</h1> The Directorate General of Foreign Trade has amended provisions in the Foreign Trade Policy regarding Tariff Rate Quota (TRQ) allocations. TRQ allottees must submit details of planned imports, including proof of purchase arrangements, by September 20, 2022. They must also notify the directorate of any unutilized or partially utilized quantities for potential surrender by the same date. Non-compliance will lead to TRQ cancellation and reallocation. Additionally, unutilized quantities by the end of the current import period will be deducted from future allocations. These changes pertain to imports of crude soybean and sunflower oil.
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