Role of export import bank of india in export import trade
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The main function of the Export and Import Bank of India is to provide financial and other assistance to importers and exporters of the country. ... The ultimate aim is to promote foreign trade activities in the country.
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Duty reduction will make export schemes simple to administer and reduce the hassle of exporters. Four, more robust trade policy regime. For example, low duties will reduce the adverse effects of free trade agreements (FTAs) on domestic industry. ... Import duty in most of India's FTA partners is lower compared to India.
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