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China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday. The country is planning to initiate a number of strategically important aid projects to help improve transportation, energy and telecommunications in those countries, according to the Ministry of Commerce, which is responsible for administrating the country's foreign aid programs. Projects involving construction and improvement of roads, railways, ports and airports are already being implemented in countries including Laos, Myanmar, Nepal and in Central Asia, Yu Zirong, deputy director-general of the foreign aid department at the ministry, told a news conference in Beijing. "China's growing future foreign aid program will be tilted toward neighboring countries and those in the Silk Road region," Yu said. The planned shift in direction for Chinese foreign aid is a direct result of President Xi Jinping's proposed national strategy to revive the centuries-old trading routes connecting Asia and Europe, experts said. The newly created 40 billion yuan ($6.5 billion) Silk Road fund and the Beijing-initiated Asian Infrastructure Investment Bank are expected to facilitate China's foreign aid programs in the future, they said. "Such a shift indicates that China will be more inclined to offer assistance to Asia and neighboring countries," said Wang Luo, a researcher at the Chinese Academy of International Trade and Economic Cooperation. "It does not mean that the percentage of China's foreign aid to Africa will drop. It just means that Asia and countries along the Silk Road will get a greater share as China grows its aid spending," she said. Africa has been the largest recipient of China's foreign aid with more than half of spending directed at the continent between 2010 and 2012, according to a policy paper issued in June. China spent 89.34 bill

The Goods and Services Network(GSTN) has signed a Memorandum of Understanding (MoU) with Directorate General of Foreign Trade (DGFT) for sharing of foreign exchange realisation and Import Export code data, a move that is expected to strengthen processing of export transactions of taxpayers under GST, increase transparency and reduce human interface.

The Federation of Indian Export Organisations (FIEO) on Sunday met the Director General of Foreign Trade (DGFT) in New Delhi and suggested a slew of measures to boost export in the current fiscal which is set to show marginal decline in 2009-10.

Commerce and Industry Minister, Anand Sharma on Tuesday said that the government will take a considered view on further export support measures and that the Directorate General of Foreign Trade (DGFT) carrying out a sectoral review on exports.

The major trading hub of Andhra Pradesh, Vijayawada city is now the new Regional office of the Directorate General of Foreign Trade (DGFT).

Directorate General of Foreign Trade (DGFT) has issued Public Notice 70/ 2015-20 dated 30th January,2019 to amend Para 4.38 of the Handbook of Procedure 2015-20 relating to Facility of Clubbing of Authorisations.

Alok Vardhan Chaturvedi (IAS), Additional Secretary in the Department of Commerce, Ministry of Commerce and Industry, has taken the additional charge of the Directorate General of Foreign Trade (DGFT), after Ajay Kumar Bhalla was assigned to the Ministry of Power on June 30.

In order to safeguard the domestic industry from cheap imports, Directorate General of Foreign Trade (DGAD) has recommended imposition of anti-dumping duty on the imports of clear float glass, which is used in construction, refrigeration, mirror and solar energy industries etc, from Iran.

The Dollar Business Bureau The Directorate General of Foreign Trade has come across some discrepancies with regard to the Proforma of the Free Sale & Commer

The Directorate General of Foreign Trade (DGFT) from time to time issues notifications for fixation or addition of SION for different export products. The DGFT via notification no.,41/2015-2020 dtd 2nd Nov 2016 made the following ammendments in Standard Input Output Norms (SION) in food products.

To protect domestic producers of iron and steel from cheaper imports, the Directorate General of Foreign Trade has extended the Minimum Import Price (MIP) on 19 iron and steel products for another two months ie till February 4, 2017.

Directorate General of Foreign Trade (DGFT) is likely to have a new Chief soon, according to sources.