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NEW FTP RULE TO ENHANCE EASE OF DOING EXPORTS

The Business Guardian

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September 24, 2022

FTP is expected to be key to defining strategy for India to capture a significant share in world economic system

NEW FTP RULE TO ENHANCE EASE OF DOING EXPORTS

The new Foreign Trade Policy (FTP), sched-uled to be announced at the end of this month, is expected to focus on enhancing the ease of doing exports from India, industry body PHD Chamber of Commerce and Industry said on Friday.

The upcoming FTP is expected to be the key to defining the strategy for India to capture a significant share in the world economic system amid the changing global supply-chains, trade and investment dynamics, said Pradeep Multani, President, PHD Chamber of Commerce and Industry. At this juncture, we expect the New Foreign Trade Policy to ease exports-centric trade with enhanced trade facilitation measures by the Government, he said.

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