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Date: 26/11/2024

DGFT probes sugar exports to Maldives diverted to Lanka

The Directorate General of Foreign Trade (DGFT) has launched an investigation after reports surfaced that sugar, which was meant for export to the Maldives under a government-level bilateral agreement, was diverted to Sri Lanka. India had allocated a total of 64,494.33 tonnes of sugar for the Maldives under this agreement. However, complaints emerged that some exporters misused part of the allocated quota. As a result, DGFT has halted sugar exports to the Maldives while investigating the issue. Reports indicate that at least seven sugar consignments intended for the Maldives were stopped at Nhava Sheva port due to suspicions of diversion to unauthorised destinations. 
 
Meanwhile, Sri Lankan Customs officials have detained around 70 containers of Indian sugar delivered at Colombo Port as they suspect it was not intended for Sri Lanka but was diverted from its original destination, as per a report.
 
Source: Exim News Service: New Delhi, Nov. 25



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