Wednesday, Nov 30 2022 | Time 16:57 Hrs(IST)
Business Economy

Govt announces extension of foreign trade policy for another 6 months

New Delhi, Sep 26 (UNI) Central government on Monday announced an extension of foreign trade policy (2015-20) for another six months till March 2023.
A statement from the Ministry of Commerce said the government had received requests from Export Promotion Councils and leading exporters that it should continue with current Foreign Trade Policy (2015-20), which had been extended from time to time.
''In recent days, exporters and industry bodies have strongly urged the government that in view of the prevailing, volatile global economic and geo-political situation, it would be advisable to extend the current policy for some time, and undertake more consultations before coming out with the new policy. The government has always involved all stakeholders in formulating policy. In view of this, it has been decided to extend the Foreign Trade Policy 2015-20, valid till Sept 30, 2022 for a further period of six months with effect from October 1, 2022,'' the statement added.
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