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    <title>Economic Survey Notes Important Developments on Trade Policy Front</title>
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    <description>The mid-term review of the Foreign Trade Policy introduced measures to support trade and was followed by a special employment package for the leather and footwear sector to boost exports. The WTO Eleventh Ministerial Conference ended without a declaration; India affirmed core WTO principles including multilateralism, rule-based decision making, independent dispute resolution, Doha&#039;s development focus, and special and differential treatment for developing countries. India&#039;s foreign exchange reserves increased to about US$409.4 billion by end-December 2017, rising further to US$413.8 billion by January 2018, with import cover around eleven months.</description>
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