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ARTICLE · 23 JANUARY 2026

A Reset Of India's Export Import Rules

To promote ease of doing business in cross-border trade through simplified procedures and reduced compliance burdens, the Reserve Bank of India ("RBI")...

IndiaInternational Law

To promote ease of doing business in cross-border trade through simplified procedures and reduced compliance burdens, the Reserve Bank of India ("RBI"), on January 16, 2026, has notified the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 and Directions on Export and Import of Goods and Services (together referred to as the "New Regulations"). These New Regulations are set to come into force on October 1, 2026. The New Regulations supersede the FEMA (Export of Goods & Services Regulations), 2015, the Master Direction – Export of Goods and Services and Master Direction – Import of Goods and Services as well as the related circulars and mark a significant structural intervention in India's foreign trade regulatory framework.

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