DGFT mandates standardized Internal Compliance Programme for dual-use item exporters under Foreign Trade Policy 2023 Section

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The DGFT issued a Trade Notice mandating the adoption of a standardized Internal Compliance Programme (ICP) by industries exporting dual-use (SCOMET) items to ensure adherence to export control laws under India's Foreign Trade Policy 2023. The ICP framework delineates comprehensive governance including management commitment, risk assessment, transaction screening, licensing, training, monitoring, and corrective actions aligned with international standards such as ISO 37301 and Wassenaar Arrangement guidelines. Organizations must implement documented policies, appoint designated export compliance officers, and maintain robust controls over physical and intangible transfers. Performance evaluation through audits and management reviews is requ.........