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.

AI Summary

Export restrictions to Syria: no FTP prohibition but sanctions and banking reluctance hinder payments and trade. Chapter 2 of the Foreign Trade Policy (2015-20) does not prohibit exports to Syria, but banks reportedly refuse Syrian export documents and payments and US sanctions create practical barriers. There is no specific RBI restriction cited, yet exporters have faced long payment delays and commercial difficulties, making financial and sanction-related risks the principal impediment to trade with Syria.