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Indian import and export trade

policies

Presented by :anita

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Foreign Trade Policy Export Import Policy or better known as

Exim Policy or Foreign Trade Policy is a

set of guidelines and instructions related to

the import and export of goods.

http://www.eximguru.com/exim/dgft/exim-policy/default.aspxhttp://www.eximguru.com/exim/dgft/exim-policy/default.aspxhttp://www.eximguru.com/exim/dgft/exim-policy/default.aspxhttp://www.infodriveindia.com/india-trade-data/default.aspx?Demo=1http://www.infodriveindia.com/india-trade-data/default.aspx?Demo=1http://www.eximguru.com/exim/dgft/exim-policy/default.aspxhttp://www.eximguru.com/exim/dgft/exim-policy/default.aspxhttp://www.eximguru.com/exim/dgft/exim-policy/default.aspx

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The Government of India notifies the Exim

Policy for a period of five years (1997-

2002) under Section 5 of the Foreign

Trade (Development and Regulation

Act), 1992

http://www.eximguru.com/exim/dgft/acts-and-rules/foreign-trade-development-and-regulation-act-1992.aspxhttp://www.eximguru.com/exim/dgft/acts-and-rules/foreign-trade-development-and-regulation-act-1992.aspxhttp://www.eximguru.com/exim/dgft/acts-and-rules/foreign-trade-development-and-regulation-act-1992.aspxhttp://www.eximguru.com/exim/dgft/acts-and-rules/foreign-trade-development-and-regulation-act-1992.aspxhttp://www.eximguru.com/exim/dgft/acts-and-rules/foreign-trade-development-and-regulation-act-1992.aspxhttp://www.eximguru.com/exim/dgft/acts-and-rules/foreign-trade-development-and-regulation-act-1992.aspx

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Objective

# Facilitate sustained growth in exports

to attain a share of atleast 1.5% of globalmerchandise trade.

# Present share - 0.67%

# Export target (2006-07)- 85 b $.# Present Annual growth rate(CAGR) -11.9%

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Support for Technological up-

gradation

Zero duty EPCG scheme, introduced in August 2009 and valid foronly two years upto 31.3.2011, has been extended by one more yeartill 31.3.2012. In addition, to give a boost to technological up-gradation for additional sectors as well, the benefit of the scheme hasbeen expanded to cover paper & paperboard and articles thereof,ceramic products, refractories, glass & glassware, rubber & articlesthereof, Plywood and allied products, marine products, sports goodsand toys and additional engineering products.

Additional Towns of Export Excellence (TEEs) announcedviz.Barmer (Rajasthan) for Handicrafts; Bhiwandi (Maharashtra) forTextiles; and Agra (Uttar Pradesh) for Leather Products.

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St bilit / C ti it f th

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Stability / Continuity of the

Foreign Trade Policy:

The popular and exporter friendly Duty Entitlement Passbook(DEPB) scheme has been extended beyond 31.12.2010 till30.06.2011.

Availability of concessional Export Credit:Interest subvention of 2% for pre-shipment credit for exportsectors namely, Handloom, Handicraft, Carpet and SMEs forall export sectors, have been allowed till 31.3.2011 in thebudget 2010-11. This facility has now been extended to anumber of additional products pertaining to sectors like

Engineering, leather, textiles, Jute. Advance Authorization for Annual Requirement shall also be

exempted from payment of anti-dumping & Safeguard duty inline with the underlying principle that goods and servicesshould be exported and not the taxes and levies.

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THANKS