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Imports of permanent magnets from China resume, 30 consignments cleared

India resumes imports of Chinese permanent magnets after DGFT certifies compliance with non-defence and non-US use, addressing trade tensions and supply concerns

India, China, India China Trade, Trade
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This development follows concerns raised by Indian importers over disruptions in the supply of permanent magnets due to China’s introduction of new export controls in early April.

Puja Das Delhi

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Imports of rare earth or permanent magnets from China — used in cars, electric motors, magnetic sensors, and electronics such as speakers and headphones — have resumed after India began issuing certificates assuring compliance with riders.
 
Officials said the Directorate General of Foreign Trade (DGFT) has issued around 30 certificates confirming that these magnets will not be used for defence applications or re-exported to the US.
 
The move follows concerns raised by Indian importers over disruptions in the supply of permanent magnets due to China’s introduction of new export controls issued last month.
 
These controls affect seven rare earth elements