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    <title>Govt amends Foreign Trade Policy, 2023 for Stakeholder Consultation; encourages inclusive decision-making</title>
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    <description>The Foreign Trade Policy amendment mandates stakeholder consultation for formulation or amendment of trade policy, requiring solicitation of views, suggestions, comments and feedback from relevant stakeholders including importers, exporters and industry experts. Where inputs are not accepted, the authority must provide reasons for non-acceptance. The change promotes Ease of Doing Business by expanding participatory decision-making while preserving the government&#039;s reserved right to act suo moto in exceptional circumstances to ensure administrative continuity.</description>
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