Govt. Extends Foreign Trade Policy For 6 Months

Update: 2022-09-28 06:00 GMT
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The Ministry of Commerce & Industry has notified the extension of the foreign trade policy for 6 months."The government has always involved all stakeholders in formulating policy. In view of this, it has been decided to extend the Foreign Trade Policy 2015-20, valid till Sept 30, 2022, for a further period of six months, w.e.f. October 1st, 2022," the government said.The government...

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The Ministry of Commerce & Industry has notified the extension of the foreign trade policy for 6 months.

"The government has always involved all stakeholders in formulating policy. In view of this, it has been decided to extend the Foreign Trade Policy 2015-20, valid till Sept 30, 2022, for a further period of six months, w.e.f. October 1st, 2022," the government said.

The government has received requests from export promotion councils and leading exporters that we should continue with the current Foreign Trade Policy (2015–20), which has been extended from time to time.

In recent days, exporters and industry bodies have strongly urged the government that, in view of the prevailing, volatile global economic and geopolitical situation, it would be advisable to extend the current policy for some time and undertake more consultations before coming up with the new policy.

Dated: 26.09.2022

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