AreaIndia

Commodity GroupOilseeds, oils and meals

CommoditySoymeal

Date01/12/2017

Policy CategoryTrade

Policy InstrumentExport incentives

DescriptionRaised the country\'s export incentives for soymeal shipments.

NotesIn December 2017, the Government raised the export incentive for soymeal shipments from 5 percent to 7 percent. Under the country’s foreign trade policy, selected “high potential” goods benefit from export rewards, payable as a percentage of realized FOB values.