TaxTMI 
TaxTMI 
Respected All,
Sir Please tell me the difference between Foreign Trade Policy & Special Economic Zone.
Thanks
Difference between FTP & SEZ
02 Mar 2013 
1 Reply 
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Special Economic Zones create deemed foreign territories to promote exports under the Foreign Trade Policy framework.
The Foreign Trade Policy establishes the regulatory framework for export promotion measures and schemes such as Import Export Code, Advance Authorisations and EPCG to enhance exports. Special Economic Zones, as an instrument within that framework, are treated as deemed foreign territories to promote exports of goods and services, with their establishment and special regulatory treatment governed by the SEZ Act and Rules alongside the FTP. (AI Summary)
The Foreign Trade Policy establishes the regulatory framework for export promotion measures and schemes such as Import Export Code, Advance Authorisations and EPCG to enhance exports. Special Economic Zones, as an instrument within that framework, are treated as deemed foreign territories to promote exports of goods and services, with their establishment and special regulatory treatment governed by the SEZ Act and Rules alongside the FTP. (AI Summary)