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Home > All news > Trade > Govt amends Foreign Trade Policy, 2023 for Stakeholder Consultation; encourages inclusive decision-making

Govt amends Foreign Trade Policy, 2023 for Stakeholder Consultation; encourages inclusive decision-making

January 4, 2025
Reading Time: 2 minutes
Department for Promotion of Industry and Internal Trade

New Delhi - The Directorate General of Foreign Trade (DGFT) has notified amendment in the Foreign Trade Policy, 2023 to include Para 1.07A and 1.07B  to bring legal backing in the FTP to make it necessary to do consultation with stakeholders to seek views, suggestions, comments or feedback from relevant stakeholders, including importers/exporters/industry experts concerning the formulation or amendment of the Foreign Trade Policy.

It also provides the mechanism to inform reasons for not accepting views, suggestions, comments or feedback concerning the formulation or amendment of the Foreign Trade Policy, 2023.

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