New Delhi, March 31: Foreign Trade policy (FTP) 2023 is focussed more on export growth, and the country will achieve USD 900 billion in exports in the next financial year, Dr A Sakthivel, the President of Federation of India Export Organisation (FIEO) said.
Foreign Trade Policy 2023: $2 Trillion Exports by 2030, Tax Remission Instead of Incentives, Paperless Approvals, Reduction In User Charges For MSMEs, E-Certificate of Origin, Districts As Export Hubs are Some of Its Highlights
Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1. The Foreign Trade Policy 2015-20, which was to end in March 2020 was extended due to the Covid-19 pandemic and volatile geo-political scenario and was set to end today. India Unveils New Foreign Trade Policy 2023 To Boost Exports, Focus on International Trade Settlement in Rupees (See Pics).
The Central government on Friday unveiled India s new Foreign Trade Policy (FTP) 2023, which seeks to boost the country s exports to USD 2 trillion by the year 2030 and focuses on international trade settlement in rupees.
The Foreign Trade Policy (FTP) 2023 aims to increase India's exports to $2 trillion by 2030 and promote international trade settlements in the domestic currency.