The Directorate General of Foreign Trade (DGFT) has issued a trade notice advising caution against two Bhutanese firms. This advisory is in accordance with paragraph 8.07(d) of the Foreign Trade Policy 2023. The notice serves as a warning to traders engaging with these entities, highlighting potential risks.
For importers and exporters dealing with Bhutanese firms, this advisory could impact trade relationships and documentation processes. It is crucial for traders to verify whether their transactions involve these firms, as it may affect compliance and risk management strategies. The advisory does not specify which industries are directly impacted, so traders across various sectors should review their dealings.
1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice