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of <h1>Foreign Trade Policy 2023: New Mechanism for Resolving International Quality Complaints and Trade Disputes in 3 Months</h1> The Foreign Trade Policy, 2023, outlines a mechanism for addressing quality complaints and trade disputes to foster a positive international business environment. This mechanism excludes disputes between Indian entities or foreign entities. Complaints can involve quality issues, unethical dealings, or non-compliance with agreements. Exporters and importers must adhere to specific obligations, with violations leading to penalties under relevant acts and rules. The Committee on Quality Complaints and Trade Disputes (CQCTD) is established to investigate and resolve complaints within three months. Proceedings are conciliatory, with legal recourse available. Corrective measures involve technical assessments and actions against erring parties. A Case Officer and Nodal Officer are appointed for monitoring and coordination.
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