Eximkey india dgft, customs, excise, export import policy. Exim policy 20042009 ppt free download as powerpoint presentation. Foreign trade policy is also known as exportimport policy or exim policy. All books are in clear copy here, and all files are secure so dont worry about it. The course develops arguments that support a free trade policy as well as arguments that support various types of protectionist policies. The foreign trade policy takes an integrated view of the overall development of indias foreign trade. The policy is mainly focused to meet two major objectives. New foreign trade policy nftp was introduced due to change in government. The government of india, ministry of commerce and industry announced new foreign trade policy on 01st april 2015 for the period 20152020, earlier this policy known as export import exim policy. Gk, general studies, optional notes for upsc, ias, banking, civil services. Aug 28, 2009 objectives of foreign trade policy 200914. It has been developed with an objective to enable a single window access to information and services being provided by the various indian government entities. Policy, 200409, the director general of foreign trade hereby notifies annual supplement of the handbook of procedures volume i incorporating annual supplement as updated on 19th april 2007 as contained in annexure to this public notice and the appendices to the handbook of procedures vol.
It was announced in the foreign trade policy 2004 09 to set up free trade and warehousing zones ftwz to create trade related infrastructure to facilitate the import and export of goods and services with the freedom to carry out trade transactions in free currency. Foreign trade policy directorate general of foreign. Presentation on foreign trade policy 200409 objective. If the policy of protection of domestic industries is adopted, the question. Upa1 government announced its foreign trade policy for a five year period 2004 09 on august 31, 2004. Over time, the influence of trade policies on the investment climate is growing. Stpehtp scheme to promote exports from the country, govt. Foreign trade policy electronic data interchange customs. The foreign trade policy ftp of india was adopted by the united progressive. Indias foreign trade, policy and trends, indian foreign. Foreign trade policy f 200409 free download as powerpoint presentation. Foreign trade policy 200409 free download as powerpoint presentation. Pdf exim policy and foreign trade of india in post reform era. Trade policy trade policies determine the size of markets for the output of firms and hence strongly influence both foreign and domestic investment.
Cooper a distinction is sometimes drawn between high foreign policy and low foreign policy, with the former concerning matters of national security and survival and the latter concerning a large number of secondary. The board of trade shall be revamped and given a clear and dynamic role. Having ten new chapters, including comparative study of business environments in india, china, selection from business environment, 2nd edition book. The concept of ftwz is new and has been recently introduced in the fiveyear foreign trade policy 2004 09.
It is the exchange of goods and services between nations. Policy, 200409, the director general of foreign trade hereby notifies. Merchandise exports from india scheme meis a earlier there were 5 different schemes focus product scheme, market linked focus product scheme, focus market scheme, agri. Scribd is the worlds largest social reading and publishing site. Goods can be defined as finished products, as intermediate goods used in producing other goods, or as agricultural products and foodstuffs. Foreign trade policy f 200409 economic growth economy. Theyll give your presentations a professional, memorable appearance the kind of sophisticated look that todays audiences expect. The trade policy, 1992 however, largely remained unable to address issues of international trade dynamism, affiliation with regional and multilateral trading system, expansion of bilateral free trade area.
Foreign trade policy 1 st april, 2015 31 st march, 2020 government of india ministry of commerce and industry department of commerce. A new scheme to establish free trade and warehousing zone has been introduced to create traderelated infrastructure to facilitate the import. Unit i foreign trade and policy pondicherry university. This text was adapted by the saylor foundation under a. A free powerpoint ppt presentation displayed as a flash slide show on id. Ppt foreign trade and india powerpoint presentation free. The foreign trade policy is concerned with whether a country should adopt the policy of free trade or of protection. An eminent person or expert on trade policy shall be nominated as president of the board of trade, which shall have a secretariat and separate budget head, and will be serviced by the department of commerce. This policy made the overall development of indias foreign trade and offers guidelines for the development of this sector. New foreign trade policy exim policy 20042009 premble. This is reflected in its foreign trade policy for 200409 which. At that time we had indicated two major objectives, namely a to double our percentage of global merchandise trade within 5 years, and b to use trade. The present publication is an attempt to provide guidance to.
Singapore has an exportdependent economic policy so the. Mar 21, 2017 foreign trade policy 3 advanced countries like germany, the united states, japan and others have used their trade policy to a restrict their imports and provide a sheltered market for their own industries so that they could develop rapidly and b promote their export so that their expanding industries could secure foreign markets. Consequently, on august 31, 2004, the commerce and industry minister, mr. Meaning of foreign trade policyforeign trade policy is the combination of wordsfirst is foreign trade andsecond is policy foreign trade. To arrest and reverse declining trend of exports is the main aim of the policy. It takes an integrated view of the overall development of indias foreign trade and provides a roadmap for the development of this sector. Foreign trade policy directorate general of foreign trade. Worlds best powerpoint templates crystalgraphics offers more powerpoint templates than anyone else in the world, with over 4 million to choose from. Free trade policy implies absence of any artificial restriction on or obstacle to the freedom of trade of a country with other nations. The modi administrations first foreign trade policy, unveiled on april 1, represents a pragmatic step forward in this regard.
Singapore has an exportdependent economic policy so the port is crucial to development it has one of the busiest seaports in the world. Foreign trade policy 200409 national portal of india. Avoiding inverted duty structures and ensuring that our domestic sectors are not disadvantaged in the free trade agreementsregional trade agreements. Meaning of foreign trade policy foreign trade policy is the combination of words first is foreign trade and second is policy foreign trade. To double indias share in global merchandise trade by 2020 as a long term aim of this policy. The foreign trade policy in india is formulated and implemented mainly by the ministry of commerce and industry, but also in consultation with other concerned ministries, such as finance, agriculture, and textiles, and the reserve bank of india rbi. The government of india had announced in the foreign trade policy 200409 to set up free trade zones ftz to create trade related infrastructure to facilitate the import and export of goods and services with freedom to carry out trade transactions in free currency. Foreign trade policy is about a countrys decision on which other countries they will do business with.
Public notice no 1re2008 200409 new delhi, dated the 11th april, 2008 in exercise of powers conferred under paragraph 2. The highlights of the indias foreign trade policy 20042009. Policy of noninterference by government in foreign trade is referred to as free trade. The revised edition of business environment presents a thorough overhaul, updated with the latest information and developments. Stpehtp scheme n to promote exports from the country, govt. I am pleased to announce that not only have we almost doubled our exports within a short span of three years, but also, in. Basic concepts of ftp foreign trade policy trade and commerce a free short video by prof.
The new united progressive alliance upa government at the centre changed the name of exim policy and called it foreign trade policy ftp. The trade policies of 200409 and 200914,in these policies it is. The announcement of a new foreign trade policy for a five year period of 200409, replacing the hitherto nomenclature of exim policy by foreign trade policy ftp is another step in this direction. Energy efficient products and indian consumers bipul chatterjee deputy executive director, cuts international suresh p singh policy analyst, cuts international. As earlier india has also a type of closed economy and free trade was. Changes in technology, liberalisation of host country policies towards trade and investment.
Exim policy and foreign trade of india in post reform era. For establishing and creating required infrastructure in free trade and warehousing zones 100% fdi has. Trade agreement apta, indiasri lanka free trade agreement. Section ii presents the foreign trade policies 200409, 200914, annual policy supplement of 2010, and stimulus measures announced by government of india and reserve bank of india in the context of the global melt down that affected indias trade sector from the second half 200809. To double indias exports of goods and services by 2014. The new foreign trade policy of the union government was unveiled by the commerce minister shri. Handbook on ha foreign trade policy ndbo and ok o guide to. Stp ehtp units are free to import all capital goods those required for creating stp infrastructure unless otherwise the same are in the prohibited list. Shantanu pethe cacscma coach on foreign trade policy 2015.
The announcement of a new foreign trade policy of india for a five year period of 2004 09, substituting until now taxonomy of exim policy by foreign trade policy is major step in the development of foreign trade policy. Highlights of foreign trade policy 201520 title come here title come here title come here title come here confectionary, pharmaceutical background the long awaited foreign trade policy 201520 the ftp or the policy has been announced by the government. Upa1 government announced its foreign trade policy for. Foreign trade policy 1 st april, 2015 31 st march, 2020 updated upto 30 06 2015 government of india ministry of commerce and industry department of commerce. To promote software and electronic hardware exports stpi was setup in 1991, having hqs in new delhi. Pdf over the past two decades, tanzania has embarked on a marked liberalization of its trade regime. Indias foreign trade policy for international business.
Annual supplement 2007 to foreign trade policy 200409 foreword when i announced the foreign trade policy for 200409 three years ago, i had set a goal of doubling indias share in world trade by 2009. A comprehensive foreign trade policy ftp for 2004 09 was announced on 31st august, 2004 and its annual supplement for the year. In free trade policy there is complete absence of restrictions on the exchange of goods and services among the. The objective of an international trade course is to understand the effects of international trade on individuals and businesses and the effects of changes in trade policies and other economic conditions. Foreign trade policy, 27th august 2009 31st march 2014. Foreign exchange management the foreign exchange management act, 1999 fema is an act of the parliament of india to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in india. The policy aims at doubling indias percentage share of global merchandise trade to 1. Ftwz free trade and warehousing zones is a policy of the government of india goi. The new foreign trade policy 200409 takes an integrated view of the overall development of indias foreign trade and provides a roadmap for the development of this sector. It was announced in the foreign trade policy 200409 to set up free trade and warehousing zones ftwz to create trade related infrastructure to facilitate the import and export of goods and services with the freedom to carry out trade transactions in free currency on june 23, 2005, the parliament of india. Foreign trade policy, 27th august 2009 31st march 2014 free download as pdf file. Trade policies can be of two types, the free trade policy and the protective trade policy. Ppt foreign trade policy powerpoint presentation free.
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