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NEW DELHI, April 2 Asia Pulse - Highlights of new Exim Policy announced on Saturday:
- Quantitative restrictions (QRs) totally dismantled from April one.
- Standing Group to be set up for monitoring import of 300 sensitive items.
- Policy focuses on accelerating export growth to achieve one per cent of global trade by 2004-05.
- Export growth target at 18 per cent for 2001-02.
- Import of new and second hand automobiles allowed, but subject to conditions.
- Exim policy schemes like duty exemption scheme and export promotion capital goods (EPCG) to be applicable to agro- sector.