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Mumbai (Maharashtra) [India], April 4 (ANI/PNN): Welcoming the New Foreign Trade Policy 2023, Shri Sunil Patwari, Chairman, TEXPROCIL said "The FTP 2023 provides continuity with a responsive framework and progressive, growth oriented and in the right direction". One of the key highlights of the FTP 2023, Shri Patwari said, is that the FTP has no end date with allowance provided for any dynamic or real time amendments. He also added that other Policy features like moving from incentives to remission, focussing on Export Promotion through collaboration with exporters, states, districts and Indian Missions, promoting ease of doing business and emphasising on emerging areas like e-commerce and export hubs will provide necessary relief to the exporters who are badly hit due to the various disruptions in the economic activities. The FTP has further introduced the New Amnesty Scheme for one-time settlement of defaults in export obligation by Advance and EPCG authorisation holders. T ....

Shri Sunil Patwari , Shri Patwari , Indian Missions , New Foreign Trade Policy , Export Promotion , New Amnesty Scheme , Export Licensing , Advance Authorisation , Status Holders , Post Shipment Credit , Raw Cotton , Interest Equalization Scheme , Home Textiles , Mumbai Maharashtra India , Pril 4 Ani Pnn Welcoming The New Foreign Trade Policy 2023 , Shri Sunil Patwari , Exprocil Said Quot The Ftp 2023 Provides Continuity Witha Responsive Framework And Progressive , Rowth Oriented And In The Right Direction Quot One Of Key Highlights Ftp 2023 , Hri Patwari Said , S That The Ftp Has No End Date With Allowance Provided For Any Dynamic Or Real Time Amendments He Also Added Other Policy Features Like Moving From Incentives To Remission , Ocussing On Export Promotion Through Collaboration With Exporters , Istricts And Indian Missions , Romoting Ease Of Doing Business And Emphasising On Emerging Areas Likee Commerce Export Hubs Will Provide Necessary Relief To The Exporters Who Are Badly Hit Due Various Disruptions In Economic Activities Ftp Has Further Introduced New Amnesty Scheme For One Time Settlement Defaults Obligation By Advance Epcg Authorisation Holders Government 39s Approach Bring Digitization Applications Related Dfia Import Amp Licensing , Utomatic System Based Approvals Of Applications , Eduction Of Application Fee For Advance Authorisation Amp Epcg Schemes Msmes Will Improve The Ease Doing Business And Reduce Transaction Costs Exporters Thus Providea Renewed Thrust New Growth Areas He Also Welcomed Decision Government In Revising Export Performance Threshold As It Ensure Higher Recognition Brand Image Status Holders Cost Incurred By Patwari Said That Move To Make Indian Rupeea Global Currency Allowing International Trade Settlement Domestic Help Internationalizing Long Run Boost Merchanting Activity From India , Rovision For Merchanting Trade Has Been Introduced Under Ftp Which Will Make Indiaa Hub The Benefits Have Extended Toe Commerce Exports ,