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DGFT - Highlights / Catch Notes

Home Highlights January 2025 Year 2025 This

The notification amends India's Foreign Trade Policy 2023 by ...


Stakeholder Consultation Added to India's Foreign Trade Policy for Policy Changes.

January 3, 2025

Notifications     DGFT

The notification amends India's Foreign Trade Policy 2023 by inserting paras 1.07A and 1.07B to allow the Central Government to seek views, suggestions, comments or feedback from relevant stakeholders like importers/exporters/industry experts on formulating or amending the policy. It provides a 30-day timeframe for stakeholders' submissions, though the government reserves the right to make changes without consultation. If views are not incorporated, the government may provide reasons, except in cases impacting trade relations, security, policy conflicts or confidentiality concerns. No legal rights arise for stakeholders to demand reasons.

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