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The Ministry of Commerce and Industry in a statement said that exporters and industry bodies have strongly urged the government to extend the current policy
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The central government has extended the current foreign trade policy (2015-20) for six months after it received requests from export promotion councils and leading exporters.
The Ministry of Commerce and Industry in a statement said that exporters and industry bodies have strongly urged the government to extend the current policy for some time and undertake more consultations before coming out with the new policy amid the geopolitical crisis.
"In view of this, it has been decided to extend the Foreign Trade Policy 2015-20, valid till 30 September 2022 for a further period of six months, w.e.f. 01 October 2022," it added.