Is there any restriction to export from India to Sirya ?

[THYAGARAJAN KALYANASUNDARAM]

Respected experts,

one of my friend having offer for his industrial products from sirya. I request you to provide the documents evidence if there is any restriction to export from India to Sirya?

whether export to sirya is advisable ?

Thanks in Advance

[Rajagopalan Ranganathan]

Sir,

Chapter 2 of Foreign Trade Policy (2015-20) (As on 30 June 2019) gives details of Prohibitions (Country, Organisations, Groups, Individuals etc. and Product Specific): In this para there is no prohibition to export goods to Syria. Hence you can export the goods to Syria.

[KASTURI SETHI]

Dear Querist,

What is the reason or basis of your doubt about export to Syria ?

[THYAGARAJAN KALYANASUNDARAM]

sir, if we check with their C & F, They said export to sirya is restricted.

But no one providing documents evidence

[KASTURI SETHI]

Banks do not accept payment from Syria. Banks are not accepting export documents for Syria. There is some dispute going on. I think there is no specific restriction from RBI to this effect. Views of other experts are also solicited.

[YAGAY andSUN]

It is due to sanctions as imposed by USA on Syria.

[KASTURI SETHI]

One of my clients exported the goods to Syria and received payment after two years. Thereafter, they discontinued export to Syria.