- Government notified amendment in the Foreign Trade Policy, 2023.
- The Directorate General of Foreign Trade (DGFT) has notified the amendment in the Foreign Trade Policy, 2023.
- It has included Para 1.07A and 1.07B to bring legal backing to the FTP for consultation with stakeholders to seek views, suggestions, comments or feedback from relevant stakeholders.
- The main objective of the amendment is to encourage the participation of all stakeholders in the decision-making process.
- It will also provide a mechanism to inform reasons for not accepting views, suggestions, comments or feedback related to the formulation or amendment of the Foreign Trade Policy, 2023.
- This notification is part of the new era of inclusiveness in decision-making pertaining to trade.
