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Click for Foreign Trade Policy-Annual Supplement 2006 announced on 7th April 2006

Foreign Trade Policy 2004-09

New government has decided to terminate the five-year Exim Policy, 2002-07 and replace it with a Foreign Trade Policy for a five-year term beginning this fiscal year on the 31st August 2004

1. Strategy:

(a) It is for the first time that a comprehensive Foreign Trade Policy is being notified. The Foreign Trade Policy takes an integrated view of the overall development of India’s foreign trade.

(b) The objective of the Foreign Trade Policy is two-fold:

(i) to double India’s percentage share of global merchandise trade by 2009; and

(ii) to act as an effective instrument of economic growth by giving a thrust to employment generation, especially in semi-urban and rural areas.

(c) The key strategies are:

(i) Unshackling of controls;

(ii) Creating an atmosphere of trust and transparency;

Simplifying procedures and bringing down transaction costs;

Adopting the fundamental principle that duties and levies should not be exported;

Identifying and nurturing different special focus areas to facilitate development of India as a global hub for manufacturing, trading and services.

2. Special Focus Initiatives... Read here

3. Package for Agriculture... Read here

4. Gems & Jewellery... Read here

5. Handlooms & Handicrafts... Read here

6. Leather & Footwear... Read here

7. Export Promotion Schemes... Read here

8. New Status Holder Categorization for Export Houses... Read here

9. Export oriented units (EOUs)... Read here

10. Free Trade and Warehousing Zone... Read here

11.Import of Second hand Capital Goods... Read here

12. Services Export Promotion Council... Read here

13. Common Facilities Centre... Read here

14 Procedural Simplification & Rationalisation Measures... Read here

15. Pragati Maidan... Read here

16. Legal Aid... Read here

17. Grievance Redressal... Read here

18. Quality Policy... Read here

19. Bio Technology Parks... Read here

20. Co-acceptance/ Avalisation... Read here

21.Board of Trade... Read here

Click for ANNUAL SUPPLEMENT 2005- Full Text
Click for Exim Policy 2002-07

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