ANNOUNCEMENT 21 May 2010
In May 2010, the government of India announced an altered export prohibition.NUMBER OF INTERVENTIONS
1
SOURCE
Directorate General and Foreign Trade. (2010). Notification 44/2009. Available at http://dgft.gov.in/exim/2000/not/not09/not4409.htm
Govt. lifts ban on cotton exports, http://smetimes.tradeindia.com/smetimes/news/top-stories/2010/May/22/govt-lifts-ban-on-cotton-exports17357.html
Ban on fresh cotton exports to curb price rise, http://www.financialexpress.com/news/ban-on-fresh-cotton-exports-to-curb-price-rise/608951/
On 21 May 2010, India lifted the ban on exports of almost all varieties of raw cotton and cotton waste. Henceforth, exporters will have to apply for a license. A notification released by the Ministry of Commerce, Government of India stated that although export of cotton is now allowed under a licensing system, it will remain as a restricted item for export.
Earlier on 19 April 2010, India had suspended the mandatory pre-shipment registration of raw cotton and cotton waste indefinitely, effectively banning fresh cotton exports from the country.