Q&A on Asian Bus.

This is the place that our Editors will reply to your various questions about doing business in Asia.
Please utilize it as a solution to the issues you have doing your daily business across Asia.

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Are there any foreign exchange restrictions placed on exporters?

  • FAQ: INDIA
  • Date: 15.07.2010

Foreign exchange restrictions on exporters have been eased and “established exporters” are permitted to open foreign currency accounts with approved banks, pay for export-related imports from such accounts, credit export proceeds to such accounts and raise external credit.

For more details, see Asia Business Guide , [IND ¶35-504] Existence and nature of export incentives