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Exim Policy 2002-07 (main points)

1. The EXIM Policy for 2002-07 which came in effect on 1st April, 2002 was the first policy which had to be formulated keeping in view all the commitments India had made under the WTO. In 2001, all quantitative restrictions on imports were removed.2. SEZ:Offshore Banking Units (OBUs) were permitted in SEZs. Detailed guidelines were ..

Quick News Today 5

1. APEC is Asia Pacific Economic Cooperation . Its HQ are at Singapore. 2. Carla Bruni has been made the first ambassador to the Geneva based Globa Funds to Fight AIDS TB and Malaria. 3. Dr. Mohammed Al Berdei was given Indira Gandhi Prize for Peace, Disarmament and Development. 4. UN recently banned Jamat-ud-Dawa. 5. ..