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    <description>The New Foreign Trade Policy, 2009-14, prioritises export revival through fiscal incentives, institutional reforms, procedural rationalisation and sustained export promotion schemes focused on employment intensive sectors. Policy measures aim to diversify markets, enhance market access including via ASEAN, consider restoration of income tax benefits for exports, and link incentives to job protection. Trade facilitation is being advanced by a committee to reduce transaction costs and port delays, alongside emphasis on a rule based global trade regime and completion of WTO negotiations.</description>
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