Foreign Trade Policy framework strengthens digital facilitation, customs cooperation and a Status Holder regime enabling self declaration benefits. Foreign Trade Policy 2023 establishes the statutory framework under the FT(D&R) Act empowering the Central Government and DGFT to notify and amend policy; it preserves pre-existing licences and sets transitional rules for import/export classification, mandates digital facilitation (e IEC, e CoO, e BRC, online dispute resolution), endorses Customs trade facilitation measures and the AEO programme, and creates a Status Holder certification regime with specified privileges and mentoring obligations.
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Foreign Trade Policy framework strengthens digital facilitation, customs cooperation and a Status Holder regime enabling self declaration benefits.
Foreign Trade Policy 2023 establishes the statutory framework under the FT(D&R) Act empowering the Central Government and DGFT to notify and amend policy; it preserves pre-existing licences and sets transitional rules for import/export classification, mandates digital facilitation (e IEC, e CoO, e BRC, online dispute resolution), endorses Customs trade facilitation measures and the AEO programme, and creates a Status Holder certification regime with specified privileges and mentoring obligations.
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