Foreign Trade Policy

  • 'Pragmatic trade policy on April 18 will boost exports' April 3, 2013

    New Delhi: Faced with muted exports, the government on Wednesday said it will come out with a "pragmatic" Foreign Trade Policy (FTP) on April 18, which among other things, would provide incentives to push shipments. "A forward looking pragmatic foreign trade policy will be announced on...
  • Anand Sharma seeks allies' support for FDI in retail June 6, 2012

    New Delhi: With the "crisis"-ridden economy posing "testing times" for the country's leadership, Commerce and Industry Minister Anand Sharma on Tuesday appealed to UPA allies to allow FDI in multi-brand retail and support other key reforms. "These are testing times for the country, for the leadership...
  • Exports fall sharply, new foreign trade policy's a fix August 27, 2009

    New Delhi: India's new Foreign Trade Policy was unveiled on Thursday with a mix of fiscal sops and procedural reforms in a bid to reverse 10 consecutive months of decline in merchandise exports and ensuring healthy growth of out-bound shipments. The continuation of the popular duty-free export promotion scheme till end-2010,...
  • Service tax on all exports scrapped June 17, 2007

    New Delhi: Scrapping service tax on all exports and duty sops for special economic zones (SEZs) are two important reforms the government announced on Thursday in a foreign trade policy document. The Annual Supplement to Foreign Trade Policy 2004-09 sets a target of $160 billion for merchandise exports during 2007-08, said...