Piyush Goyal on ban of Chinese Products

PIB / IH News Desk

NEW DELHI, September 16 2020: The Government regularly reviews the country’s import policy, based on emerging trade and economic factors. Decisions to regulate imports are taken based on the assessment in national and public interest. At present, approximately 550 tariff lines are under the ‘Restricted’ or ‘Prohibited’ category for imports under the Foreign Trade Policy, imports of which are restricted from all countries including China.

Union Minister of Commerce and Industry Piyush Goyal informed in a written reply in the Lok Sabha Wednesday.

He said to support and expand domestic capacities, Government has also implemented policies to promote the domestic manufacturing through ease of doing business and production linked incentives (PLSs), including in the field of mobile phones and electronics components and bulk drugs and medical devices, in line with the vision of Atmanirbhar Bharat.

The full impact of the promotional measures on the industry will be discernible as the global economy recovers.