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India announces Foreign Trade Policy 2023; targets $2 trillion goods and services exports by 2030

India announces Foreign Trade Policy 2023; targets $2 trillion goods and services exports by 2030

Apr 01, 2023, at 04:44 am

New Delhi: India on Friday introduced a "dynamic and adaptable" Foreign Trade Policy (FTP) that will remain in effect indefinitely from April 1 with the objective to attain $2 trillion in goods and services exports by 2030 while also promoting trade settlements in rupees and following the worldwide principle of not exporting duties.