Type of Document: Notification
Notification Date: 2-Jan-2025
Relevant Act(s)/Rule(s): Foreign Trade Policy, 2023
Notification No.: Notification No.47/2024-25
The Directorate General of Foreign Trade (DGFT) has amended the Foreign Trade Policy 2023 by inserting Para 1.07A and Para 1.07B to introduce trade facilitation measures. These provisions allow the Central Government the option to consult relevant stakeholders, such as exporters, importers, or industry experts, to gather their views, suggestions, comments, or feedback regarding the formulation or amendment of the Foreign Trade Policy. Furthermore, a mechanism is provided for informing stakeholders, on a best-effort basis, the reasons for not incorporating their feedback into the policy.
Disclaimer: The information contained in this Article is intended solely for personal non-commercial use of the user who accepts full responsibility of its use. The information in the article is general in nature and should not be considered to be legal, tax, accounting, consulting or any other professional advice. We make no representation or warranty of any kind, express or implied regarding the accuracy, adequacy, reliability or completeness of any information on our page/article.