Foreign Trade Policy
Recent Highlights
All Stories for Foreign Trade Policy
Coronavirus Outbreak: Commerce ministry lists steps to support exporters as industry expresses fears of huge job losses
•The commerce ministry said that it has provided several relaxations/extensions of various compliance deadlines to address Corona pandemic related hardships of exporters.
Exports growth to be in double digits this fiscal despite challenging situation: Commerce Secretary Anup Wadhawan
•Exports growth of the country in the current fiscal is likely to be in double digits despite the challenging situation both on the external and internal fronts, Commerce Secretary Anup Wadhawan said on Wednesday
Commerce ministry seeks stakeholder comments for formulation of next foreign trade policy
•The current policy will end in March 2020. The new five-year foreign trade policy (2020-25) is expected to be released in September this year
Exporters may get incentives based on R&D, specific clusters under new foreign trade policy
•Exporters are likely to get incentives based on parameters like research and development, product-specific clusters and production pattern under a five-year foreign trade policy (FTP) to be released later this year
Centre, states, industry representatives to discuss ways to boost export on 10 Jan; Suresh Prabhu to chair meet
•Since 2011-12, India's exports have been hovering at around $300 billion. During 2017-18, the shipments grew by about 10 percent to $303 billion.
Govt permits export of gold idols of 8-24 carats with certain conditions
•Foreign trade policy has been amended "to allow export of gold idols (only gods and goddess) of 8 carats and above (up to 24 carats) from domestic tariff area," Directorate General of Foreign Trade (DGFT) has said in a notification.
Foreign trade policy review: India should address problems of competitiveness urgently, set an export target
Seetha •A review of foreign trade policy without setting an export target is a bit like a finance minister working on a budget without targeting a short-term or long-term GDP growth rate.
Foreign trade policy revised: India Inc welcomes changes, increase in export promotion incentives
Ians •The revised FTP policy focuses on the goal of exploring new markets and new products as well as on increasing India's share in the traditional markets and products.
Foreign Trade Policy mid-term review may focus on job creation, improving trade logistics
•Foreign trade policy review, to be unveiled later on Tuesday, may accord special priority to improving logistics for trade to help bring down the costs
Mid-term review of foreign trade policy soon; will evaluate export of goods and services, says Prabhu
•Five-year foreign trade policy provides a framework for creation of employment and increasing value addition