FTP 2023: Can it navigate the new world order?
Critical policies like import barriers, providing PLIs, keeping out of mega trading blocs of RCEP and IPEF call for a mandatory review before new policy
Month: April 2023
How Digital Technology, Artificial Intelligence, and Data Science Helps in Boosting Foreign Trade?
The world is becoming increasingly interconnected, and international trade has become a vital component of many countries’ economies. The adoption of digital technology, artificial intelligence
India’s Foreign Trade Policy 2023: Can It Help Achieve the $2Tn Trade Target?
The Indian government has set a target of achieving $2 trillion in foreign trade by 2030, which is an ambitious goal considering the current economic
High-quality and unique products have Strong opportunities in Foreign Trade
High-quality and unique products have strong opportunities in foreign trade, and this is a fact that has been proven time and time again. With the
Harmonize trade policy with India’s broad goals
India’s new Foreign Trade Policy (FTP), unveiled on Friday by commerce minister Piyush Goyal, took some time coming. The last one was meant for a
Centre to expand definition of ‘political risk’ under export guarantee scheme
The new FTP will cover any fresh imposition of non-tariff barriers by importing nations after a shipment has left Indian shores Exporters may soon be
Amnesty scheme, incentives for repayment in new foreign trade policy
AN AMNESTY SCHEME for one-time settlement of default in export obligation, a push towards e-commerce exports, and incentives to exports that are paid for by
Morocco’s Import Unit Value Increase by 17% in Fourth Quarter of 2022
Morocco’s High Commission for Planning (HCP) said on Monday that the import unit value index increased by 17% in the fourth quarter of 2022, compared
Foreign Trade Policy seeks to push rupee trade, boost exports to $2 trillion by 2030
India on Friday came out with a “dynamic and responsive” foreign trade policy aiming to push rupee trade, increase outward shipments to USD 2 trillion
Key Highlights of New Foreign Trade Policy 2023
The new Foreign Trade Policy (FTP) 2023, announced by Commerce and Industry Minister Piyush Goyal, will take effect from April 1, 2023. The FTP aims