Foreign Trade Policy Likely To Be Announced After Budget

The commerce and industry ministry is likely to come up with the new five-year foreign trade policy (2009-14) after the budget as the ministry is looking to increase manufacturing and exports.

"The Directorate General of Foreign Trade is already doing stakeholder consultations. It is expected that the new FTP would be announced only after the Budget. It would help in giving final touch to the policy," sources informed.