“The quantity of 8,606 MTRV raw cane sugar to be exported to USA under TRQ scheme from October 1, 2023-to September 9, 2024 has been notified,” the DGFT said, adding that the quota will be operated by Agriculture and Processed Food Products Export Development Authority (APEDA).
Indian policymakers need to understand that the mere announcement of export curbs signals that there is a serious supply shortage. Further, frequent export curbs create complications for foreign buyers and make India an unreliable supplier