IEC Registration: The Gateway to Sustainable and Ethical International Trade
Introduction As businesses across the globe increasingly prioritize sustainability and ethical practices, international trade is undergoing a transformation. Consumers are demanding transparency, eco-friendliness, and ethical sourcing in the products they buy. For Indian businesses looking to engage in global trade, complying with these new norms isn’t just about staying competitive — it’s about leading the way toward a more responsible business model. In this context, IEC (Importer Exporter Code) registration is not only a regulatory requirement but also a foundational tool for engaging in sustainable and ethical international trade. What Is IEC Registration and Why Is It Important? The IEC Registration is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) in India. It is mandatory for businesses engaging in international trade, whether they are exporting goods and services or importing raw materials. Without this code, businesses cannot legally engage in...