Commerce and Industry Minister Piyush Goyal said the existing foreign trade policy (FTP) will be extended till March 31, 2022.
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The Centre had earlier extended the FTP 2015-20 until September 30 this year due to the COVID-19 crisis. The FTP provides guidelines for enhancing exports to push economic growth and create jobs.
Goyal also inaugurated a trade facilitation portal that was developed by Federation of Indian Export Organizations (FIEO) to help exporters deal with challenges due to acute shortage of containers. The portal will bring exporters and logistics service providers (LSPs) on a single platform.
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