TMI BlogPREAMBLEX X X X Extracts X X X X X X X X Extracts X X X X ..... , we have also to facilitate those imports which are required to stimulate our economy. Coherence and consistency among trade and other economic policies is important for maximizing the contribution of such policies to development. Thus, while incorporating the existing practice of enunciating an annual Exim Policy, it is necessary to go much beyond and take an integrated approach to the developme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d transparency to unleash the innate entrepreneurship of our businessmen, industrialists and traders. (ii) Simplifying procedures and bringing down transaction costs. (iii) Neutralizing incidence of all levies and duties on inputs used in export products, based on the fundamental principle that duties and levies should not be exported. (iv) Facilitating development of India as a global hub f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... frastructural network, both physical and virtual, related to the entire Foreign Trade chain, to international standards. (ix) Revitalising the Board of Trade by redefining its role, giving it due recognition and inducting experts on Trade Policy. (x) Activating our Embassies as key players in our export strategy and linking our Commercial Wings abroad through an electronic platform for real ti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olicy is essentially a roadmap for the development of India's foreign trade. It contains the basic principles and points the direction in which we propose to go. By virtue of its very dynamics, a trade policy cannot be fully comprehensive in all its details. It would naturally require modification from time to time. We propose to do this through continuous updation, based on the inevitable changin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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