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On February 1, 2023, the Ministry of Finance, Government of India presented its annual Union Budget to the Lok Sabha (lower parliament house) for Indian fiscal year 2023/2024 (April 1-March 31). In its Finance Bill, 2023 (No. 02/2023-Customs), the Finance Ministry announced changes in customs and central excise duty rates for various commodities, including pecans.
On November 21, 2022, the Government of India’s Food Safety and Standards Authority of India (FSSAI) notified its draft notification F.No. 1/Standards/GMO&F/Misc/FSSAI/2018 (November 18, 2022).
This report analyzes the reasons behind the recent drop in participation of Colombian banks in the GSM-102 program.