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The Directorate General of Foreign Trade (DGFT) vide Trade Notice 33/2023-24 has embarked on a groundbreaking initiative to transform and modernize the export certification process. With the launch of the Upgraded Electronic Bank Realization Certificate (eBRC) system for self-certification by…
DGFT tells Banks to push foreign trade in Rupee - Banks are reluctant to Catch 22 for Exporters Banks are being nudged to popularize the settlement of cross-border trade in the rupee. Due to the Russian invasion of Ukraine, European…