Circular No.ES/ 39 /2016-17 June 30, 2016
To: Members of the Council
Sub: Amendment in Para.2.18 of Foreign Trade Policy (FTP) 2015 - 2020
DGFT has issued Notification No.13/2015-2020 dated 29th June, 2016 making amendment in Para 2.18 of Foreign Trade Policy (FTP) 2015-2020 with immediate effect.
As per the Amended Para 2.18 of FTP 2015-2020 it shall read as under:
"2.18 Direct or Indirect Export/import to/from Iran
(a) Direct or indirect export to Iran or import from Iran of any item, material, equipment, goods or technology mentioned in the following documents would be permitted subject to the provisions contained in Annex B to the United Nations Security Council Resolution 2231 (2015).
i. Items listed in INFCIRC/254/Rev.9/Part I and INFCIRC/254/ Rev.7/Part 2 (IAEA Documents) as updated by the IAEA from time to time.
ii. Items listed in S/2015/546 (UN Security Council document) as updated by the Security Council from time to time.
(b) All the UN Security Council Resolutions/Documents and IAEA Document referred to above are available on the UN Security Council website (http://www.un.org/en/sc/ documents/) and IAEA website (www.iaea.org).”
The effect of this notification is that the prohibition on direct or indirect export to Iran or import from Iran of specified items is lifted. Direct or indirect export to Iran or import from Iran is now permitted subject to UN Security Council Resolution 2231(2015) and IAEA specified documents.
Members may make a note of the above.
Thanking you,
V.ANIL KUMAR
EXECUTIVE DIRECTOR
