The new foreign trade policy ftp takes an integrated view of the overall development of indias foreign trade and goes beyond the traditional focus on pure exports. Gujral director general of foreign trade and ex officio additional secretary to the government of. Pleased to inform you that the government of india, ministry of commerce and industry has announced new foreign trade policy 201520 on 01. I herein after referred to as the handbook have been notified by the dgft vide notification no. Annual supplement 201011 to the foreign trade policy 200914. The exim polices are adopted by any country regarding the exports and imports goods and services with other countries in the world.
Overall responsibility for trade policy formulation in guyana rests with the ministry of foreign affairs. Indias foreign trade policy 200914 the union commerce ministry, government of india announces the integrated foreign trade policy ftp in every five year. The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 200914. Unit i foreign trade and policy pondicherry university. Policy, 20042009, the central government hereby notifies the foreign trade policy, 20042009 incorporating the annual supplement as updated on 11th april 2008 and contained in annexure to this notification. Anchoring trade policy in the domestic policy framework. Foreign trade policy 200409, though it does not alter the broad contours of the main policy, recognises the dynamic nature of international trade and the consequent need for periodic realignment and an integrated approach to the developmental requirements of indias foreign trade. Directorate general of foreign trade ministry of commerce. Amendments in the vishesh krishi and gram udyog yojana vkguy of chapter 3 of foreign trade policy 200914appendix 37a of handbook of procedure vol. 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 20092014 released thon 27 august 2009 appendix 37d list of notified electronic products under focus product scheme fps incorporating all amendments up to 5 june 2012 sl. Suitable standing ordersinstructions may be issued for the guidance of the assessing officers.
The foreign trade policy ftp, 20092014 herein after referred to as the policy and the handbook of procedures vol. Foreign trade policy re 2012 2009 14 from 5 6 2012 to 31 3 2015. Document wttprs305 contains the policy statement submitted by djibouti. Foreign trade policy, heshe may please write email to epch at. I may be referred for the list of products and countries. New foreign trade policy 200914 free download as powerpoint presentation. One of the important schemes in this regard is status holder incentive scheme shis which was introduced by foreign trade policy 200914 ftp for exports made in f. Sion a2462, a36, 10 reduction in interest rate from 15% p. Against the fall in exports for the last 10 months, october 2008 to july 2009 the government announced its foreign trade policy for 2009 14 on august 27, 2009. The european council, acting by a qualified majority, with the agreement of the president of the commission, shall appoint the high representative of the. Foreign trade policy to focus on services exports, branding of products.
Foreign trade policy electronic industries association of india. Epcg scheme under new foreign trade policy 201520 ftp 2015. The foreign trade policy statement explains the vision, goals and objectives underpinning the foreign trade. Ftp 20092014 annual supplement of 23 aug 2010 procedure. Foreign trade policy 2009 14 foreword the upa government has assumed office at a challenging time when the entire world is facing an unprecedented economic slowdown. Ministry of commerce announces the foreign trade policy. Amendments in chapter 3 of foreign trade policy 200914. The commerce and industry ministry is expected to announce the new fiveyear foreign trade policy 201419 by the end of this month as it seeks to boost manufacturing and exports, among other things. Foreign trade policy 2009142011 exports banks free. Amendments in the vishesh krishi and gram udyog yojana vkguy of chapter 3 of foreign trade policy 2009 14 appendix 37a of handbook of procedure vol. The upa government has assumed office at a challenging time when the entire world is facing an unprecedented economic slowdown. Feb 23, 2012 indias foreign trade policy 200914 dr. As per the foreign trade policy 200914 amended later time to time in annual.
Foreign trade policy 20 14 announced highlights of annual supplement 20 14 to the foreign trade policy 2009 14 incremental exports incentivisation scheme government has announced incremental export incentivisation scheme on 26. Aug 27, 2009 the features of the foreign trade policy for 2009 14 which was announced by commerce minister, anand sharma, on thursday are. There are around 5000 products so far covered at 8 digit level. The high representative of the union for foreign affairs and security policy shall take part in its work. The foreign trade policy is primarily focused on accelerating exports. Aiming to reverse contraction in exports for 10 consecutive months, the new ftp has several measures to ensure a healthy growth of foreign trade. Eximkey india dgft, customs, excise, export import policy, foreign. No manual feeding of shipping bill details shall be allowed for edi shipments in the online system. Foreign trade policy 200914 foreword the upa government has assumed office at a challenging time when the entire world is facing an unprecedented economic slowdown. Now all these schemes have been merged into a single scheme, namely merchandise.
Xthe recession is said to be over and therefore additional fiscal support by way of incentives would be for those sectors only which are still lacking behind. Dgft foreign trade policy pdf foreign trade policy wef. Dgft amendment in appendix 37d, handbook of procedure. Foreign trade policy 20092014 total export solutions. Higher support for market and product diversification. Against the fall in exports for the last 10 months, october 2008 to july 2009 the government announced its foreign trade policy for 200914 on august 27, 2009. High representative of the union for foreign affairs and. External sector and indias foreign trade policy ftp 200914 annual report 2014 45 china amongst others. Scribd is the worlds largest social reading and publishing site. The information provided here is part of export import training course online. Amendments in chapter 3 of foreign trade policy 2009 14 s. Trade policies can be of two types, the free trade policy and the protective trade policy.
The year 2009 is witnessing one of the most severe global recessions in the postwar period. Long term and medium term strategies are adopted in new foreign trade policy 201520. The annual supplement 2014 of foreign trade policy 200914 was announced today by mr anand sharma, minister for commerce, industry and textiles, government of india. Amendments in the rewardincentive schemes of chapter 3 of foreign trade policy 200914 appendix 37a, appendix 37c and appendix 37d of handbook of. As per foreign trade policy 200914, transferability of authorization material. The trade policy, 1992 primarily covered exportnecessitated policy strategy, import policy strategy, internal export policy, and foreign exchange regulation, and internal trade policy, constitution of trade council, foreign trade policy and research institution, and establishment of nepal trade promotion 2 organization. Dfia, what does foreign trade policy 201520 ftp 201520 say.
The commerce and industry ministry is expected to announce the new fiveyear foreign trade policy 201419 by the end of this month as it seeks to. India new foreign trade policy 2009 2014 foreign trade policy exim policy 20102011 annual supplement the government of india, ministry of commerce and industry announced new foreign trade policy on 27th august 2009 for the period 20092014, earlier this policy known as export import exim policy. Indias foreign trade policy 200914 by cybex exim solution pvt ltd. Foreign trade policy 2009142011 free download as powerpoint presentation. The european council, acting by a qualified majority, with the agreement of the president of the commission, shall appoint the high representative of the union for foreign affairs and security policy. Ladies and gentlemen, i have the privilege of presenting the annual supplement 2014 to the foreign trade policy.
Directorate general of foreign trade dgft organisation. The features of the foreign trade policy for 200914 which was announced by commerce minister, anand sharma, on thursday are. Laws related to the exchange of goods or services involved in international trade including taxes, subsidies, and importexport regulations. Policy in retrospect 4 policy in retrospect xthis being the annual updation of foreign trade policy 2009 14 which was announced on 27th august, 2009 one cannot expect too many changes. Countries across the world have been affected in varying degrees and all major. Indias foreign trade policy 20092014 abhimanyu singh semester iii.
This would be clear from the following statement in the policy document, trade is not an end in itself, but a means to economic growth and rational. Foreign trade policy re 2012 200914 from 562012 to. About forthcoming foreign trade policy 20142019 custom. Foreign trade policy 2009142011 exports banks free 30. This is sought to be implemented through various schemes intended to exempt and remit indirect taxes on inputs physically incorporated in the export product, import capital goods at concessional duty, stimulate services exports and focus on specific markets and products. Merge your commercial invoice and packing list for all your future exports.
It has one new scheme relating to export of handicraft sector also. Foreign trade policy statement ministry of food processing. The measures comprise fiscal concessions as well as relaxations in. Foreign trade policy ftp, 200914 the annual supplement to the foreign trade policy hereinafter referred to as the ftp, 20092014 and the handbook of procedures vol.
Incentive schemes under chapter 3 have been expanded by way of addition of new products and markets. This column is compiled by consultant exim policy of. Let us hope, the new foreign trade policy 201520 strengthens the balance of trade favorable. Minister of commerce, industry and textiles release of. Trade policies can be of two types, the free trade policy and. Foreign trade policy directorate general of foreign. Trade policy, 2009 2014, the central government hereby notifies the foreign trade policy, 2009 2014 as contained in annexure to this notification.
Foreign trade policy 201520, any changes in advance. New foreign trade policy 201520 is designed to enhance trade competitiveness and overall growth of indias foreign trade. Interest subvention of 2% for preshipment credit for 7 specified sectors has been extended till 31. Highlights of the annual supplement 201011 to the foreign trade policy 200914.
Foreign trade policy of india 2009 14 linkedin slideshare. Amendments in the rewardincentive schemes of chapter 3 of foreign trade policy 2009 14 appendix 37a, appendix 37c and appendix 37d of handbook of. The annual supplement 20 14 of foreign trade policy 2009 14 was announced today by mr anand sharma, minister for commerce, industry and textiles, government of india. Target acquisition, designation, rangefinding, surveillance or tracking. Foreign trade policy is also known as exportimport policy or exim policy. The present publication is an attempt to provide guidance to. Dgft amendment in appendix 37d, handbook of procedure, vol. I hereinafter referred to as the handbook have been notified by the dgft vide notification no. The ra should consider the products otherthan the suffix exported for redemption. Merchandise exports from india scheme meis under foreign trade policy of. Amendment in appendix 37d, handbook of procedure, vol. This unit concentrate on the main dimension of foreign trade and policy namely various trade theories, terms of trade, balance of payments and adjustment mechanism in payments. To arrest and reverse declining trend of exports is the main aim of the policy.
Aug 28, 2009 the foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 2009 14. Trade policy, 20092014, the central government hereby notifies the foreign trade policy, 20092014 as contained in annexure to this notification. The business world in india is eager to know the amendments and modifications with introduction of any new schemes and incentives in new foreign trade policy 201520. Foreign trade policy 201520 has been kept ready to declare on 1st april 2015. Stabilitycontinuity of the foreign trade policy duty entitlement passbook depb scheme is extended beyond 3112 2009 till 31. I in exercise of the powers conferred under paragraph 2. Foreign trade policy 2014 announced highlights of annual supplement 2014 to the foreign trade policy 200914 incremental exports incentivisation scheme government has announced incremental export incentivisation scheme on 26. The name of chapter 3 of the erstwhile ftp 200914 namely promotional. Handbook on ha foreign trade policy ndbo and ok o guide to. Faced with subdued export performance, the new foreign trade policy ftp is expected to focus on wide range of issues including services sector shipments, standards and branding of products, according to an official.
Chapter 3 of the foreign trade policy ftp issued by ministry of commerce enlists various export promotion schemes to incentivize exports. Difficulties faced, if any in implementation of the circular may please be brought to the notice of the board at an early date. Product category admissible date of export period 1 table 1. What are the important features of the foreign trade. Foreign trade policy 2009 2014 released thon 27 august 2009 appendix 37d list of notified electronic products under focus product scheme fps incorporating all amendments up to 5 june 2012 sl. Amendments in chapter 3 of foreign trade policy 200914 s. India new foreign trade policy 2009 2014 also known as. Foreign trade policy appendices updated as on 10 april 2009. Due to the global slowdown, some countries have resorted to protectionist measures posing barrier to free trade which has aggravated the problem for.
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