9) “Although the Foreign Trade Policy Statement (FTPS) is an important statement of the government’s intent to improve the performance of the foreign trade sector, the results are not likely to be delivered if the operational framework is not made functionally more robust.” In the light of the statement, examine the limitations of the recent FTPS announced by the government.

Topic:Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.

9) “Although the Foreign Trade Policy Statement (FTPS) is an important statement of the government’s intent to improve the performance of the foreign trade sector, the results are not likely to be delivered if the operational framework is not made functionally more robust.” In the light of the statement, examine the limitations of the recent FTPS announced by the government. (200 Words)

EPW