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of <h1>India Allows Stone Aggregate Exports to Maldives Under Bilateral Trade; Annual Ceilings Set for 2011-2014</h1> The Government of India has issued a notification permitting the export of stone aggregate to the Republic of Maldives under a bilateral trade agreement. This is regulated under the Foreign Trade Policy 2009-2014, with specific annual export ceilings set for the years 2011-2014: 5 lakh MTs for 2011-12, 5.5 lakh MTs for 2012-13, and 6 lakh MTs for 2013-14. CAPEXIL is responsible for monitoring these ceilings and ensuring that suppliers have the necessary clearances. The notification replaces previous export licensing notes and requires quarterly reporting to the Directorate General of Foreign Trade.
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