The new foreign trade policy needs to focus on providing easy access to trade finance and insurance to MSME exporters which contribute significantly to the country's outbound shipments, trade experts said on Friday.
They also stressed on holding programmes and workshops for MSME exporters in small cities and towns to increase awareness about government policies and various export sops.
The government is likely to come out with the foreign trade policy that provides guidelines and incentives for exports for the 2020-25 period by the end of next month or early October.
Pawan Gupta, the founder & CEO of trade facilitating portal Connect2India.com said, "The new foreign trade policy should include provisions for reference finance and insurance for these exporters as these issues are crucial for them."
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