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    <title>Amendment in Para 2.52 and 2.53 of the Foreign Trade Policy (FTP) 2023</title>
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    <description>Foreign Trade Policy 2023 provisions are amended to permit export contracts and invoices, except those involving Asian Clearing Union member countries, in foreign currency or Indian Rupees, with proceeds realised in either form. Exports to countries other than Nepal and Bhutan, where proceeds are realised in Indian Rupees through prescribed banking channels and qualifying Indian Rupee accounts of persons resident outside India, are eligible for export benefits, incentives and fulfilment of export obligations at par with foreign-currency realisations.</description>
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