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Explain the meaning and features of export procedure.

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Processing of an export order starts with the receipt of an export order. An export order, simply stated, means that there should be an agreement in the form of a document, between the exporter and importer before the exporter actually starts producing or procuring goods for shipment.

Salient Features of the New Export & Import Policy
The following are the salient features of the new export, import policy:
Increase in number of Export Items:
Special Economic Zones:
Role of Public Sector
Agencies:
Restriction Free Export Policy:
Liberalisation of Export-
Oriented Import:
Convertibility of Rupee:
Devaluation of Rupee:

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