New Foreign Trade Policy likely to include a chapter on ecommerce exports

The new Foreign Trade Policy is likely to focus on encouraging exports through ecommerce as also identifying districts as export hubs while re-looking at products that are restricted or banned for export and import. The commerce and industry ministry is drawing up the FTP 2021-26, which is likely to be released on April 1 and is expected to have separate chapters dealing with measures for ecommerce, districts as export hubs, and trade in items such as toxic chemicals, micro-organisms and nuclear material.