Accordingly, the Union Commerce and Industry Ministry in a statement on Wednesday said: "The existing Foreign Trade Policy 2015-2020 which is valid up to March 31, 2021 is extended upto September 30, 2021."

The present Policy came into force on April 1, 2015, it was applicable for 5 years till March 31, 2020, but was extended for a year due to Covid-19 pandemic.

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