Amendment in Para 2.1 of the Foreign Trade Policy 2004-2009 added with Notification No 30 dated 13.08.2008 - 65 (RE-2008)/2004-2009 - Foreign Trade Policy
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Prohibition on rough diamond trade with Venezuela: imports and exports barred and Kimberley Process certificates not accepted or issued. The Foreign Trade Policy amendment prohibits import and export of rough diamonds with Venezuela due to its voluntary separation from the Kimberley Process Certification Scheme (KPCS). Specified HS-coded rough diamonds to/from Venezuela are barred and no Kimberley Process Certificate will be accepted, endorsed, or issued for such trade, creating a regulatory restriction on related customs, licensing, and compliance activity.
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Provisions expressly mentioned in the judgment/order text.
Prohibition on rough diamond trade with Venezuela: imports and exports barred and Kimberley Process certificates not accepted or issued.
The Foreign Trade Policy amendment prohibits import and export of rough diamonds with Venezuela due to its voluntary separation from the Kimberley Process Certification Scheme (KPCS). Specified HS-coded rough diamonds to/from Venezuela are barred and no Kimberley Process Certificate will be accepted, endorsed, or issued for such trade, creating a regulatory restriction on related customs, licensing, and compliance activity.
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