suggestions invited on foreign trade policy

kamal nath to announce annual supplement to foreign trade policy on 31st march, 2005

Thursday, February 24, 2005

The Annual Review of the Foreign Trade Policy 2004-09 which is currently underway, with a view to finalisation of the Annual Supplement to the Foreign Trade Policy, due to be released by Shri Kamal Nath, Union Minister of Commerce & Industry, on 31st March, 2005.

Discussions with the trade & industry, including Export Promotion Councils, Chambers of Commerce, Trade Associations and other stakeholders have already taken place and their inputs are being considered for suitable incorporation.

The Ministry of Commerce & Industry has specifically invited suggestions from stakeholders and the interested public on the following aspects of the Foreign Trade Policy:

? Simplification of procedures

? Reduction of transaction costs

? Liberalisation of regulatory framework

Suggestions are required to be sent by e-mail to: mkparimoo@ub.nic.in followed by a hard copy in an envelope marked ‘Suggestions for FTP’ to reach the Director General of Foreign Trade (DGFT), Udyog Bhavan, New Delhi – 110 011 by Friday, 4th March, 2005.

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SB/MRS