Foreign trade policy focus: neutralising input duties to protect export competitiveness and boost trade facilitation.

The Foreign Trade Policy establishes an integrated framework to boost India's global merchandise trade share by promoting exports and facilitating necessary imports, prioritising economic growth and employment. Key operational aims include simplifying procedures, reducing transaction costs, and neutralising duties and levies on inputs used in export products so domestic taxation does not impair export competitiveness. The policy advances infrastructure and technological upgradation, avoidance of inverted duty structures, focused employment-generating initiatives, governance reforms, industry partnership, a Grievance Redressal Mechanism, and remedial action against injurious dumping.

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