Question

Currently the agency in india responsible for implementing foreign trade policy is

Answer 1

Thank you for this important question. 

Currently the agency in India responsible for implementing foreign trade policy is;

Directorate General of Foreign Trade (DGFT).

Directorate General of Foreign Trade (DGFT) was earlier known as the Chief Controller of Imports & Exports (CCI&E). It is a agency of the Ministry of Commerce and Industry and works under the federal government. 

Answer 2

The ‘Directorate General of Foreign Trade’ (DGFT) is the agency in India responsible for implementing foreign trade policy.

Explanation:

• The ‘Directorate General of Foreign Trade’ is part of the ‘Ministry of Commerce and Industry’ of the ‘Government of India’.  

• It has the responsibility of implementing the laws regarding foreign trading and other foreign investments in India.  

• The ‘Central Government’ appoints a person from the ‘Indian Administrative Service’ having more than thirty years of experience is appointed to the post of the ‘Director-General of Foreign Trade’.