Foreign trade policy review may focus on job creation, improving trade logistics - News Summed Up

Foreign trade policy review may focus on job creation, improving trade logistics


The Foreign trade policy review, to be unveiled later today, may accord special priority to improving logistics for trade to help bring down the costs. Photo: MintNew Delhi: Job creation and improving trade logistics are likely to be key focus areas in the mid-term Foreign Trade Policy review and may also seek to address GST- related concerns of exporters, government sources said. The FTP review, to be unveiled later today, may accord special priority to improving logistics for trade to help bring down the costs, sources told PTI. One key focus will be boosting employment creation in labour-intensive sectors like textiles and leather while addressing exporters’ concerns on GST-related issues, sources added. They further said the FTP review may build upon the GST related reforms, with the trade analytics division under the Directorate General of Foreign Trade (DGFT) helping with policy inputs.


Source: Mint December 05, 2017 09:00 UTC



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