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 multibrand 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...