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<h1>RBI amends Foreign Exchange Management Regulations 2015 allowing export of tugs, dredgers, offshore vessels with mandatory re-import requirement</h1> The Reserve Bank of India issued an amendment to the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015, effective from publication date. The amendment adds a new sub-regulation permitting the export of tugs, tug boats, dredgers, and vessels used for offshore support services, provided they are subsequently re-imported into India. This modification expands the scope of permissible exports under existing foreign exchange regulations while maintaining control through the re-import requirement.