Piyush Goyal visiting UK for FTA negotiations

NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, is scheduled to visit the UK from 10-11 July 2023. The Minister’svisitwillnotonlybefocused ontheongoingFreeTradeAgreement (FTA) negotiations between India and theUKbuthewillalsobemeetingwith ministers from the European Free Trade Association (EFTA) member countriestodiscusstheprogressofthe Trade and Economic Partnership Agreement(TEPA)withEFTA.

The visit comes at a crucial juncture,asbothIndiaandtheUKare committed to expanding their economic ties and exploring avenues forenhancedbilateraltrade.

With the FTA negotiations gaining momentum, the visit aims to further propel the discussions and pave the way for a comprehensive and mutually beneficial agreement that would drive economic growth and strengthen ties between the two nations.

During the visit, the Commerce and Industry Minister will engage in high-level meetings with his UK counterparts,includingtheSecretary of State for International Trade, as well as representatives from various sectorsandindustries.

These meetings will provide an opportunitytodiscussthekeypriorities and objectives of the FTA negotiations, with a focus on addressing trade barriers, promoting investments, and fostering greater cooperation in areas such as technology, innovation, and intellectualpropertyrights.

Furthermore, the Minister will also meet with ministers and officials from the EFTA member countries, (Switzerland, Norway, Iceland, and Liechtenstein), to assess the progress made in the ongoing negotiationsoftheTEPAwithEFTA.

Visakhapatnam Port Authority creates New Record

VISAKHAPATNAM: VPA created a new record in container handling ever done in a single day. Visakha Container Terminal Pvt. Ltd, the PPP/BOT operator handled the highest parcel size of 4035 TEU containers in a single voyage on July 8. The previous best was 3921 TEUs from MV MSC Aldi lll ship in December 2021.

Customs clears air over holding up of scrap metal containers

LUDHIANA: The ongoing counter claims between different business associations regarding holding up of hundreds of containers with scrap metal from Dubai have been laid to rest as officials said they were being held up due to improper paperwork and a majority was cleared by the customsauthorities.

Whilesome associationshadbeen claiming that the containers were held up without any reason, others were opining that they should be put to more stringent checks to avert any attempts of importing undeclared goods.

Aseniorcustomsofficersaid,“The clearance of around 300 odd containers was affected but most of them are cleared now. Since the directorate general of foreign trade had declared the pre-shipment inspection certificates invalid on account of export ban of scrap from UAE,therewasaviolationincustoms clearanceattheIndianportsasscrap import is not permissible without a valid PSIC, customs has adjudicated most of the cases and released the containers on request of importers,” hesaid.

The official added, “There are around 180 bills of entries filed for these consignments and in almost all cases, adjudication has either been completed or is under process. The importers can pay their dues and get theirconsignments.”

In a big relief to the several scrap importers, customs has waived off the penalty earlier imposed on them Induction Furnace Association of North India president KK Garg and Association of Trade and Industrial Undertakings President Pankaj Sharma said, “In a relief to scrap importers from Dubai, whose containers were held up due to legal issues, the customs has now announced waiver of hefty penalties. This decision comes as a respiteforallaffected.“ m.v.

“Now importers will not have to pay a single rupee as detention demurrage to shipping line or warehousecustodian,”theyadded.

“MSC LEO VI”

V- IM327A I.G.M. No. 2348829 Dt. 10-07-2023 Exch. Rate 84.46

The above vessel is arriving on 11-07-2023 at NHAVA SHEVA (NSIGT) with import cargo to NHAVA SHEVA from NAVEGANTES, PARANAGUA, SANTOS, MONTREAL, VALPARAISO, BARCELONA, VALENCIA, CAGLIARI, GENOA, LEGHORN, SALERNO, SHUAIBA, SHUWAIKH, MESAIEED, JUBAIL, OAKLAND, SEATTLE, DURBAN.

Please note the item Nos. against the B/L Nos. for NHAVA SHEVA (NSIGT) delivery.

Consignees are requested to kindly note that the above item nos. are for the B/L Nos. arrived for Nhava Sheva delivery.

Consignees are requested to collect Delivery Order for all imports delivered at Nhava Sheva from our Import Documentation Dept. at Nhava Sheva - DN210 / DN211 / DN212, D-Wing, 2nd Floor, NMSEZ Commercial Complex, Plot No. 6, Sector - 11, Opp. JNPT Township, Dronagiri Node, Navi Mumbai - 400 707 , India and Mumbai - 1st Floor, MSC House, Andheri Kurla Road, Andheri (East), Mumbai - 400059 on presentation of duly discharged Original Bill of Lading and payment of relevant charges.

The container detention charges will be applicable after standard free days from the discharge of containers meant for delivery at Nhava Sheva. The containers meant for movement by road to inland destinations will be dispatched upon receipt of required documents from consignees/receivers and the consignees will be liable for payment of port storage charges in case of delay in submission of these documents. Our Surveyors are M/s. Zircon Marine Services Private Limited. and usual survey conditions will apply. Consignees are also requested to note that the carriers and their agents are not bound to send individual notification regarding the arrival of the vessel or the cargo.

Incase of any query, kindly contact Import Customer Service - (022) 66378123; IN363-imports.mumbai@msc.com

Get IGM No. / ITEM No. /CFS details on our 24hrs computerized helpline No. (IVRS No.) 8169256872

You can also visit our website: www.msc.com/ind/help-centre/tools/import-general-manifest-information As Agents :