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Corporate Laws Central Ministry of Commerce and Industry Foreign Trade (Development and Regulation) Act, 1992

Amendment in Foreign Trade Policy 2023 - insertion of Para 1.07A and 1.07B

02-Jan-2025 | Notification No. 47/2024-2025

DGFT has issued a circular amending Foreign Trade Policy 2023 by inserting two new Paragraphs - 1.07A and 1.07B, effective from 2nd January 2025.

By virtue of this amendment 2 new paras are inserted regarding the consultation with stakeholders at the time of formulation of Foreign Trade Policy. Further, the stakeholders will be given a 30 days time period to submit their views, suggestions, comments or feedbacks.

Furthermore, the Central Government may provide reasons to stakeholders in case the comments, views, suggestions or feedbacks received by the stakeholders are not incorporated but the same is at the discretion of the Government.

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