What is India’s export-import policy?
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The foreign trade policy is outlined and announced by the central government (Ministry of Commerce). Foreign trade policy or EXIM (Export-Import) policy is a set of regulations, guidelines, and instructions established by the DGFT (Directorate General of Foreign Trade) in the matters associated with the EXIM goods in India.
Export and import play an important role in the economic development of all the developing and developed nations along with the enhancement of international organisations like UNCTAD, WTO, ASEAN, etc.