Explain any five steps taken by the government of India to promote international trade. -Geography

1 Answer

Answer :

(A) India has trade relations with most of the countries and major trading blocks of the world. (B) (i) India aims to double its share in the international trade. For this, it has started to adopt suitable steps to promote international trade.  (ii) Import liberalisation.  (iii) Reduction in Import duties  (iv) Promotion of Foreign Direct Investment (FDI) to promote exports.  (v) Change from process to product patents.

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