Indian Imposes Stricter Restrictions On North Korea

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New Delhi: India on Friday followed the footsteps of United Nations and imposed stricter restrictions on trade with North Korea.

It has come to light that the Directorate General of Foreign Trade (DGFT) has come out with a fresh notification, which widens the scope of the prohibition on direct and indirect export from/to North Korea.

“The direct or indirect supply, sale, transfer or export of specified items to North Korea is prohibited,” it said.

The items include condensates and natural gas liquids, refined petroleum products, and crude oil. Similarly, direct or indirect procurement or imports of products including seafood, lead ore, and textiles are facing restrictions.

এক পয়সাও খরচ না করে ভারত ভ্রমণ করলেন এই ব্যক্তি

The “notification seeks to update the para 2.17 of the foreign trade policy (2015-20, on imports and exports to North Korea, to account for UNSC (United Nations Security Council) Resolutions…,” it added.

ফুঁসছে সমুদ্র, তীব্র জলোচ্ছ্বাস দীঘায়

The bilateral trade between India and North Korea declined to USD 133.43 million in 2016-17 from USD 198.78 million in the previous fiscal.

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