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India bans cotton exports effective immediately.


Date: 05-03-2012
Subject: India bans cotton exports effective immediately
India has banned cotton exports with immediate effect, the Directorate General of Foreign Trade (DGFT) said on Monday without providing a reason.

"Export of cotton has been prohibited till further orders," the DGFT said in a statement. India is the world's second largest producer and exporter of cotton.

Source : uk.reuters.com

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