Directorate general of foreign trade dgft organisation javascript is a standard programming language that is included to provide interactive features, kindly enable javascript in your browser. Highlights of the annual supplement 201011 to the foreign. 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. Foreign trade policy 2015 2020 directorate general.
Taking into account the decline in exports, the facility of refixation of annual average export obligation for a particular financial year in which there is decline in exports from the country, has been extended for the 5 year policy period 200914. On august 27, 2009, the commerce and industry minister, anand sharma, presented the fiveyear foreign trade policy ftp for 20092014. Indias foreign trade policy 200914objectives of foreign trade policy 200914 1. If you continue browsing the site, you agree to the use of cookies on this website.
Additional benefit of 2% bonus, over and above the existing benefits of 5% 2% under focus product scheme, allowed for about 5 existing products, which have suffered due to recession in exports. Foreign trade policy 201520, hand book of procedures pdf. New schemes come into effect on the first day of financial year i. Foreign trade policy 20092014 total export solutions. Section ii presents the foreign trade policies 200409, 200914, annual policy supplement of 2010, and stimulus measures announced by government of india and reserve bank of india in the context of the global melt down that affected indias trade sector from the second half 200809. Its main purpose is not to earn foreign exchange but to stimulate the economic activities. Nanto, coordinator specialist in industry and trade april 7, 2009 congressional research service 75700. International trade is regarded as a means to growth and development of countries. Receipt of this circular may kindly be acknowledged. 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. The information provided here is part of guide on howtoexport and import. The foreign trade policy 200914 has also been announced in line with the reform agenda and amended from. Indias trade policy objectives are stipulated in its foreign trade policy ftp, which is issued.
Foreign trade policy appendices updated as on 10 april 2009. This is evidenced by the 15 agreements currently in force and its involvement in the negotiation of other agreements. Pdf format of foreign trade policy 201 520, highlights. The features of the foreign trade policy for 200914 which was announced by commerce minister, anand sharma, on thursday are. In india, the government of india, ministry of commerce and industry announce the exportimport policy, which is.
Ftp 20092014 annual supplement of 23 aug 2010 procedure. 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. Foreign trade policy 20092014 released thon 27 august 2009. The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies. Dear members, the oo directorate general of foreign trade, new delhi has issued policy circular no. External sector and indias foreign trade policy ftp 200914. India new foreign trade policy 2009 2014 also known as.
Foreign trade policy 2009142011 free download as powerpoint presentation. The year 2009 is witnessing one of the most severe global recessions in the postwar period. The annual supplement 2012 to foreign trade policy 200914 has made several changes to the foreign trade policy of india that are expected to benefit the exporters and reduce transactional expenses. Indias foreign trade policy 200914 highlightsvrk100. The upa government has assumed office at a challenging time when the entire world is facing an unprecedented economic slowdown. Indias foreign trade policy 200914 refixation of annual average export obligation. The following are added to table 4 vide public notice no. The long term policy objective for the government is to double indias share in global trade by 2020. Indias foreign trade policy 200914 highlightsvrk10010112009. 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.
What are the important features of the foreign trade policy 200914. To double indias percentage share of global merchandise trade by 2009. This policy is updated every year with some modifications and new schemes. Annual supplement 201011 to the foreign trade policy 200914. 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.
Public notice no 1 200914 new delhi, dated the 27 th august, 2009 in exercise of powers conferred under paragraph 2. Pdf format of foreign trade policy 201520, highlights. Aiming to reverse contraction in exports for 10 consecutive months, the new ftp has several measures to ensure a healthy growth of foreign trade. By 2014, we expect to double indias exports of goods and services. Procedure relating to tracking and tracing of export. Chapter 4 if a license is valid for 36 months and once export is over till last date then it becomes impossible to submit all documents for closure of file. Highlights of the annual supplement 201011 to the foreign trade policy 200914.
Economic and economic and commercialcommercial lawllaawwlaws sss paper 3 icsi house, 22, institutional area, lodi road, new delhi 110 003. In foreign trade policy, dualuse items have been given the nomenclature of special chemicals, organisms, materials, equipment and technologies scomet. I herein after referred to as the handbook have been notified by the dgft vide notification no. To double indias exports of goods and services by 2014. To arrest and reverse declining trend of exports is the main aim of the policy. Annual supplement 2011 2012 to the foreign trade policy.
Information technology act, 2002 a brief introduction. The following are the highlights of the new foreign trade policy ftp. Export obligation for such epcg authorizations would be six times of duty saved. Foreign trade policy re 2012 2009 14 from 5 6 2012 to 31 3 2015. Epcg authorization can also be issued for import of capital goods under scheme for project imports. Foreign trade policy electronic data interchange customs. After five years foreign trade policy needs amendments in general, aims at developing export potential, improving export performance, encouraging foreign trade and creating favorable balance of payments position. This policy stated, trade is not an end in itself, but a means to economic growth. The foreign trade policy ftp, 20092014 herein after referred to as the policy and the handbook of procedures vol. Highlights of the annual supplement 201011 to the foreign trade policy 200914 higher support for market and product diversification 1. The foreign trade policy which was announced on august 28, 2009 is. Export policy relating to scomet items is given in appendix 3 of schedule 2 of itc hs classification and paragraph 2.
Department of economic affairs vide public notice no. Foreign trade policy 20092014 announced all ftp related news and information at one place. I hereinafter referred to as the handbook have been notified by the dgft vide notification no. Directorate general of foreign trade public notice no. Foreign trade policy, 20152020 ftp was unveiled on april 1, 2015 at the vigyan bhawan, delhi, thus laying down a road map for indias global trade engagement in the coming years.
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. Incentive schemes under chapter 3 have been expanded by way of addition of new products and markets. The foreign trade policy which was announced on thursday august 28, 2009 is an integrated policy for the period 200914. Higher support for market and product diversification. Foreign trade policy 201520, hand book of procedures. Foreign trade policy directorate general of foreign. What are the important features of the foreign trade. The information provided here is part of import export online training. In exercise of the powers conferred under paragraph 2. Unit i foreign trade and policy pondicherry university.