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Key Changes in India’s Foreign Trade Policy 2025: A New Era of Digitization, Remission, and E-Commerce

India’s Foreign Trade Policy (FTP) 2025 marks a significant transformation in the nation’s approach to global commerce. With the goal of enhancing export competitiveness, simplifying procedures, and aligning with global best practices, the government has introduced key reforms that reshape the trade landscape. These changes reflect India’s commitment to becoming a more dynamic and resilient player in international markets. 1. Shift from Incentives to Remission and Entitlements One of the …

The Impact of Worldwide Political Diplomatic Tensions and Sanctions on International Trade Growth

International trade has long been regarded as a catalyst for global economic growth, fostering collaboration and interdependence among nations. However, in recent times, the landscape of international trade has been significantly influenced by political and diplomatic tensions, often leading to the imposition of sanctions. These tensions have raised concerns about their impact on the growth and stability of international trade. Understanding Political Diplomatic Tensions and Sanctions: Political and diplomatic tensions …

Barter Trade System for Boosting Exports

Boosting Exports through Barter Trade: A Strategic Approach to International Commerce

Barter trade, an age-old method of exchange, is making a modern resurgence as countries seek innovative ways to boost their exports. In a world where traditional currency transactions can pose challenges, barter trade offers a unique solution that facilitates international commerce. This article explores the concept of boosting exports through barter trade, delving into its advantages, challenges, and examples of successful implementation. The Basics of Barter Trade:Barter trade involves the …

MINISTRIES, DEPARTMENTS AND OTHER REGULATORY AGENCIES

CBIC (Central Board of Indirect Taxes and Customs) www.cbic.gov.in, www.icegate.gov.inDGFT (Directorate General of Foreign Trade)Other Ministries, Departments and AgenciesMinistries/Departments:Ministry of Information & Broadcasting (I&B)Ministry of New and Renewable Energy (MNRE)Dept of Animal Husbandry, Dairying and FisheriesDepartment of Atomic EnergyDepartment of Chemicals and Petro ChemicalsMinistry of Electronics and Information TechnologyMinistry of Environ., Forest and Climate ChangeDepartment of Scientific & Industrial ResearchWireless Planning and Coordination WingLegal Metrology Division, Dept of Consumer Affairs …

Emerging areas to help meet $1 trillion goods export target for 2030: DGFT

New and emerging areas like electronics, renewable energy, IT hardware, and electric vehicles will be the key for India to get to the target of $1 trillion in merchandise exports by 2030, Director General of Foreign Trade Santosh Kumar Sarangi said Wednesday. “Our electronics exports are going up. Few years back our electronic exports were ranked 11-12 in total hierarchy of exports. It has suddenly jumped to become the fifth …

Dimond Jewellery demand and International Trade Opportunity, Top Trading Countries

Diamond Jewelry Demand and International Trade Opportunities: Top Trading Countries

Diamond jewelry has long been cherished for its timeless elegance and symbol of everlasting love. Its allure extends beyond beauty and romance; the diamond industry is also a significant player in international trade. In this article, we will explore the global demand for diamond jewelry and the international trade opportunities it presents, with a focus on the top trading countries in the diamond market. Global Diamond Jewelry Demand Diamonds have …

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