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FOREIGN TRADE POLICY [1 st April, 2015 31 st March, 2020] Updated upto 30 - 06 - 2015 Government of India Ministry of Commerce and Industry Department of Commerce
FOREIGN TRADE POLICY 2004-09 FOREWORD Four years ago we had announced India’s first ever integrated Foreign Trade Policy for the period 2004-09. At that time we had indicated two major objectives, namely (a) to double our percentage of global merchandise trade within 5 years, and (b) to use trade
Download 8 CHAPTER 06 - EXPORT ORIENTED UNITS (EOUs), ELECTRONICS HARDWARE TECHNOLOGY PARKS (EHTPs), SOFTWARE TECHNOLOGY PARKS (STPs) AND BIO-TECHNOLOGY PARKS (BTPs)
India announced the Duty Free Tariff Preference (DFTP) Scheme for LDCs in 2008. Effective from 1 April 2014, the DFTP scheme provides duty free market access on 96 percent of India‟s tariff lines and preferential duties on 2.2 percent of the lines.
Table II provides statistics on the import and export shares of India with its partner countries – looking in particular at comparison between the years 2007 and 2017. Specifically, Table II provides data on India’s trade with the individual countries with which it has bilateral agreements.
Some of its key objectives include 25 percent annual growth in exports by 2014, doubling of Indian share in global trade by 2020, improving export-related infrastructure, reducing transaction costs through trade facilitation measures, and securing enhanced market access, among others.
2.01 Exports and Imports – ‘Free’, unless regulated. (a) Exports and Imports shall be ‘Free’ except when regulated by way of ‘prohibition’, ‘restriction’ or ‘exclusive trading through State Trading Enterprises (STEs)’ as laid down in Indian Trade Classification (Harmonized System) [ITC (HS)] of Exports and Imports.
