The Director General of Foreign Trade (DGFT) has issued a Notification No. 64/2015-2020 dated March 31, 2022 in order to extend the validity of the existing Foreign Trade Policy (“FTP”) 2015-2020 till September 30, 2022 from March 31, 2022.
The notification issued last day stated that “in exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.02 of the Foreign Trade Policy (FTP) 2015-2020, as amended, the Central Government hereby makes, with immediate effect, the following amendments in the FTP 2015-2020.”
“In para 1.01, the phrase ‘shall remain in force upto March 31, 2022 unless otherwise specified’ is substituted by the phrase ‘shall remain in force upto September 30, 2022 unless otherwise specified,” the Notification said.
The existing Foreign Trade Policy 2015-2020 which is valid upto March 31, 2022 is extended upto September 30, 2022.
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