The Foreign Trade Committee regularly interfaces with and submits proposals to the Directorate General of Foreign Trade (DGFT) for necessary changes in the Foreign Trade Policy to simplify export-import procedures and bring about flexibility in various export promotion schemes. The recommendations help the Government in developing schemes and initiatives that are better suited for higher growth in India’s foreign trade, diversification of the trade basket, ident
The Foreign Trade Committee regularly interfaces with and submits proposals to the Directorate General of Foreign Trade (DGFT) for necessary changes in the Foreign Trade Policy to simplify export-import procedures and bring about flexibility in various export promotion schemes. The recommendations help the Government in developing schemes and initiatives that are better suited for higher growth in India’s foreign trade, diversification of the trade basket, identifying new markets and generating more employment. Most of the suggestions given by FIFICO get incorporated in modifications of the Foreign Trade Policy and its annual supplements.
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