What is Foreign Trade Policy? It’s a strategic policy framework created by the Directorate General of Foreign Trade (DGFT) to regulate and promote India’s exports and imports. Revised every five years, the Foreign Trade Policy (FTP) outlines incentives, compliance rules, and operational guidelines for businesses engaged in global trade. The objective of FTP is to boost exports, generate employment, and enhance India’s share in global trade while ensuring fair and sustainable practices. FTP covers export schemes like SEIS, MEIS, RoDTEP, and compliance instruments like eBRC and LUT. If you’re an exporter or importer, understanding What is Foreign Trade Policy helps you stay informed, compliant, and competitive in international markets.
DGFT Introduces ‘Mode of Export of Services’ Field In eBRC Format For Services Exports W.E.F May 01, 2025 The Directorate General of Foreign Trade (DGFT) has introduced the ‘Mode of Export of Services’ field in Electronic Bank Realisation Certificates (eBRCs)…