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<h1>India's Foreign Trade Policy 2015-2020: Boosting Trade with Ease, Reduced Costs, and Sector-Specific Support Until 2023.</h1> The Foreign Trade Policy (FTP) 2015-2020, effective from December 5, 2017, governs India's export and import regulations under the Foreign Trade (Development & Regulation) Act, 1992. The policy, valid until March 31, 2023, allows the Central Government to amend it as needed. The Director General of Foreign Trade (DGFT) facilitates trade by issuing procedures, forms, and notifications. The policy emphasizes trade facilitation, reducing transaction costs, and promoting ease of business through initiatives like the Niryat Bandhu Scheme, e-IEC, e-BRC, and electronic data interchange. It also supports sectors like handlooms, handicrafts, leather, and marine through duty-free entitlements.