Foreign Trade

Foreign Trade Policy 2023

The Indian government has recently announced its new Foreign Trade Policy (FTP), which replaces the previous one launched in 2015. The new FTP came into effect on April 1, 2022, and is aimed at increasing India’s overall exports to $2 ..

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Extension of Foreign Trade Policy 2015-20 – Update (September, 2022)

The current Foreign Trade Policy has been extended by six months due to currency volatility and global uncertainty. Key facts Foreign Trade Policy 2015-20 has been extended for the period of six months until March 2023. This extension will come ..

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Amendment of Foreign Trade Policy of India for Rupee Settlement

The Central Government has made changes to the Foreign Trade Policy of India to activate the RBI’s mechanism facilitating trade in the Indian Rupee. Key facts The recently amended Foreign Trade Policy of India allows international trade invoicing, payment and ..

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Extension of Foreign Trade Policy 2015-20

The Foreign Trade Policy 2015-20 has been extended by the government by six months up to 30th September 2022. Overview: Till 31st March 2022, the existing Foreign Trade Policy 2015-20 was valid. It has now been extended till 30th September ..

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Import of Oxygen concentrators for personal use permitted

The Directorate General of Foreign Trade recently notified that the import of oxygen concentrators shall be allowed for personal use. The Government of India has revised the Foreign Trade Policy, 2015-2020 to permit the import. About Oxygen Import The new ..

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New Foreign Trade Policy

The Union Ministry of Commerce and Industry recently announced that the new Foreign Trade Policy. 2021-26 is to come into effect from April 1, 2021. What is the goal of New Foreign Trade Policy? To make India a 5 trillion ..

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