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India unveils new foreign trade policy 2023 to boost exports, focus on international trade settlement in rupees

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The Central government on Friday unveiled India's new Foreign Trade Policy (FTP) 2023, which seeks to boost the country's exports to USD 2 trillion by the year 2030 and focuses on international trade settlement in rupees. Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1.