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Date: 17/02/2017

As you are aware that Ministry of Commerce & Industry had announced the five year FTP 2015-2020 on 01.04.2015, and also to review the policy on mid-term basis. Accordingly, a Mid Term Review of the Foreign Trade Policy (FTP) 2015-20 by the Department of Commerce is under way. The exercise of Mid Term Review shall take into account the change in circumstances over period and undertake a mid-term course correction. In view of sluggish demand in the international market and increasing use of protective and non-tariff measures by many countries, there is a need to augment our efforts and review our strategy for promoting exports and increasing India’s share in world trade. It is hereby requested that general as well as specific recommendations with respect to FTP 2015-20 may be provided at email fic@indianfoundry.org on an urgent basis by 17th February, 2017, so that the recommendations could be sent to the Department of Commerce in a timely manner.

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