December 03, 2008

Cement export ban not applicable for SEZs – Mr Nath

A day after the government announced a ban on cement export to arrest prices, Mr Kamal Nath union commerce & industry minister clarified that it is not applicable to special economic zones.

Mr Nath said that "India has put a ban on cement exports. However, this will not apply to the SEZs."

He added that the cement export ban was notified by April 11th 2008 by the directorate general of foreign trade and it was not clear whether it included SEZs too.