The global economic landscape is marked by a decline in world trade, as indicated by the World Trade Organization's forecast of slowing trade growth in 2023 due to multiple global economic slowdowns. ...
Foreign Trade Policy
The Plenary Session at India Business and Trade Conclave 2023 featured an engaging and informative panel discussion on global policy scenarios, geopolitical trends and how India needs to address them ...
The new merchanting policy, as mentioned in the Foreign Trade Policy 2023, will now allow trade of restricted items without touching Indian shores. The tweak in policy will be beneficial to merchants,...
Prof Manoj Pant, Director, Indian Institute of Foreign Trade, discusses the trends in global trade over the past 5 years and how policymakers should approach the Foreign Trade Policy 2021-26 with Indi...
Dr Arpita Mukherjee, Professor at ICRIER, proposes a step-by-step framework for India’s Foreign Trade Policy, where India should look at success stories from other countries, make subsidies WTO-comp...
Exporters would benefit from early announcement of RoDTEP rates across sectors, as well as a seamless process for claiming benefits. While there is currently ambiguity on the exact outlay given budget...
India needs to enhance its trade in intermediate goods through removal of infrastructure bottlenecks, investments in skilling, enhancing of scale economies and supporting MSMEs to tap global markets.....
Dr Sunitha Raju, Professor at Indian Institute of Foreign trade feels that the upcoming Foreign Trade Policy should address structural constraints of India’s huge informal sector. Also, it should pr...
The Advance Authorisation Scheme under FTP 2015-20 allows the manufacturer exporters and merchant manufacturers to imports inputs duty-free. All items except import items prohibited in ITC (HS) and th...
India's share in global exports has grown marginally from 1.6% to 1.7% during 2015-19, with both exports and imports growing at a CAGR of 5.2%. The upcoming FTP needs to focus on growing India's share...