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Notification No.   39 /2015-202 New Delhi, Dated:  23  November 2017   Subject:- Export Policy of Onions-  Imposition   of Minimum Export Price (MEP).  S.O. (E)           In  exercise of powers  conferred  by Section  3 of the Foreign Trade  (Development & Regulation)  Act,  1992  (No. 22 of  1992),  as amended, read  with  Para  1.02  of the  Foreign  Trade Policy,   2015-20,   the   Central   Government   hereby    makes  the   following   amendment,   with immediate effect,  in Notification No. 29/2015-20 dated  24.12.2015  relating to export  of onion.  2.          Para 2 of Notification No. 29/2015-20 dated  24.12.2015  is amended  to read as:  "Export of onion  for  the  item  description  at  Serial  Number  51   &  52  of Chapter 7  of Schedule  2 of ITC  (HS)  Classification of Export  &  Import  Items  shall  be permitted  only on  Letter of Credit  (LC)  subject  to  a Minimum  Export  Price  (MEP)   of US$  850 F.O.B.  per Metric Ton till 31.12.2017".  3.          Effect of this notification:  Export  of all  varieties of onions  as  described  above  will  be allowed   only  on  Letter  of Credit  (LC)  subject  to  a Minimum   Export  Price  (MEP)  of  US$  850  F.O.B.  per  Metric Ton till 31.12.2017.