Authorities extends International Commerce Coverage by 6 months

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The federal government on Thursday prolonged the prevailing International Commerce Coverage (FTP) by six months until March 31, 2023. The present coverage was to finish on September 30.

A notification on this regard was issued by the Directorate Basic of International Commerce (DGFT).

“The prevailing FTP 2015-20 which is legitimate as much as September 30, 2022 is prolonged as much as March 31, 2023,” DGFT mentioned.

FTP gives tips for enhancing exports to push financial progress and create jobs.

It was first prolonged on March 31, 2020 for one 12 months as a result of coronavirus outbreak and the lockdown.

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