Business Environment

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FOREIGN TRADE POLICY

Governments issue their policies with regard to their imports and exports in the context of the ever-increasing importance of the external sector in their economies. In this chapter, we study what constitutes trade policy, its objectives, the strategy and the roadmap followed to realize the objectives with particular reference to India. It deals particularly with the interim exim policy or foreign trade policy for 2009–2010 and the foreign trade policy for 2009–14.

STATEMENT OF TRADE POLICY

International trade today, more than ever before, is the driving force of economic activities. It not only enables the exchange of goods and services among countries, but in today's world, it serves as the bedrock for the increasingly ...