Counter-Trade Arrangements with Romania

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Full Text of the Document

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....01 To All Authorised Dealers in Foreign Exchange Dear Sirs, Counter-Trade Arrangements with Romania Attention of authorised dealers is invited to item C of Regulation 14 of the Reserve Bank Notification No. FEMA. 23/2000-RB dated May 3, 2000, stipulating that prior approval of the Reserve Bank is required for any arrangement involving adjustment of value of goods imported into India....