Centre approves MoU between India, Turkey on trade in poppy seeds

ANI  |  New Delhi [India] 

The chaired by on Wednesday approved the signing of a Memorandum of Understanding (MoU) between and on the trade in seeds to ensure quick and for import of seeds from

The MoU provides that a (TMO) shall maintain an to enable regulation of export of seeds from to Exporting companies shall submit an application through the (EIB) (responsibility given by law) to TMO for obtaining membership of the

Each year, the quantity of poppy seeds which shall be imported by from Turkey shall be decided by the in consultation with the Government of Turkey, taking into account the production of poppy seeds in Turkey in a crop year, balance from previous crop years and domestic or other export requirement of Turkey.

The exporting companies shall get registered with the TMO. Each sales contract entered into by the exporting company with Indian importer shall be registered with TMO through the referred. It shall be the responsibility of the TMO not to register sales contract in excess of the quantity of poppy seeds.

Taking into account the quantity every year, both parties may consider setting a quantity to be imported by any Indian importer in a crop year.

The (CBN) will register the sales contract registered by TMO as per details accessed on the online system maintained by TMO in accordance with guidelines for registration laid down by the

The CBN shall upload the details of sales contract so registered by it on the online system. The TMO shall allow the export in respect of only those contracts so registered by CBN.

The TMO shall provide a legal production certificate for the poppy seeds to exporters following the submission of the sales contract and the completion of other necessary procedures.

The MoU will promote quick and of quota allocation and prior authorisation for poppy seeds import from Turkey. In this way, the genuineness of import contract can be easily ensured as well as many litigation matters resulting in the delay in the import can be avoided.

It will ensure continuous availability of poppy seeds in the domestic market of India and ultimately Indian consumers of poppy seeds will be benefited.

The import of poppy seeds from Turkey got withheld due to litigation resulting in a great hike of price of poppy seeds in the domestic market of India and hoarding of the same by some importers.

Various stays given by the Court and repeated adjournment of hearing graves the situation and resulted in less availability of poppy seeds in the country leading to great problems to the consumers.

To avoid such legal complication, price rise, and hoarding, an alternative mechanism needs to be evolved by way of a MoU between and Government of Turkey, in which real-time data can be exchanged to ensure the quantity of poppy seeds imported from Turkey is genuine and legally produced in Turkey.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 23 2018. 20:15 IST