DGFT on Sectoral Review Mode for Annual Foreign Trade Policy

DGFT (Director General of Foreign Trade) Anup Pujari is in the middle of annual review of the Foreign Trade Policy (FTP). The Export Promotion Councils and Associations are being called for Sectoral Review of product groups for understanding the issues and options for mid term corrections.

Export details as on 24th January 2012 and expected performance for the whole year up-to 31st March 2012 is sought along with ITC HS Code and countries name to be included in FPS/FMS/MLFPS.

Suggestions for amendment/ improvement in the existing policy/procedure to enhance export competitiveness and reduce the transaction cost/ time are being solicited by the Head of the Trade Regulatory Body.