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Foreign Trade Policy

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India To Remove Retaliatory Customs Duties On Eight US Products

During the recent state visit of Prime Minister Narendra Modi to the US, both countries decided the termination of six WTO (World Trade Organisation) disputes and the removal of these retaliatory tariffs on certain US...

26 June 2023

Exports

Finmin Operationalises Amnesty Scheme For Traders Failing To Meet Export Obligation

The Central Board of Indirect Taxes and Customs (CBIC) asked principal commissioners/commissioners to ensure that the exporters approaching for paying the duty, etc. are registered with the Directorate General of Foreign...

18 May 2023

Foreign Trade Policy To Help India Become Major Player In Global Trade: Auto Industry

Auto components industry body ACMA President Sunjay J Kapur said the policy is another step towards a digitally enabled Aatmanirbhar Bharat, coupled with measures that will drive India to become a significant player in the...

31 March 2023

India UK Free Trade Agreement

India, UK Seeking Equal Treatment For Services Sector Companies Under Proposed Free Trade Agreement: Official

India and the UK are seeking equal treatment in each other's market for their respective companies engaged in the services sector under the proposed free trade agreement, which is under negotiations, a government official...

18 June 2023

Indian Flag on a Pole.

Foreign Trade Policy seeks to push rupee trade, boost exports to $2 trillion by 2030

The total exports stood at $676 billion in the previous fiscal year

01 April 2023

India Unveils Foreign Trade Policy 2023, Eyes $2 Trillion Exports By 2030

The new FTP identifies four new Towns of Export Excellence (TEE) -- Faridabad, Moradabad, Mirzapur and Varanasi -- in addition to the already existing 39 TEEs

31 March 2023

Gina Raimondo

US, Chinese Trade Officials Express Concern About Each Other's Restrictions

Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, expressed concern about policies of each other's governments following Chinese raids on consulting firms and U.S. curbs on exports of semiconductor...

26 May 2023

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Exports Likely To Record Reasonable Level Of Growth In 2022-23: Piyush Goyal

Clearly, there are signs of a global slowdown in international trade and India is keeping a "watchful" eye on the developments by talking to all the export promotion councils and large exporters, and engaging with the Indian...

12 July 2022

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