Kamal Nath & Trade Board meeting in Mumbai, Jan 13
11 Jan '06
3 min read
Shri Kamal Nath, Union Minister of Commerce & Industry, has convened a meeting of the Board of Trade in Mumbai on January 13, 2006. This will be the first ever meeting of the Board of Trade outside Delhi.
The Board of Trade is a forum for continuous dialogue between Government and the trade and industry and the Board, inter-alia, advises the government on policy measures connected with India's foreign trade in order to achieve the objective of boosting the country's exports, including advising the government on preparation and implementation of short term as well as long term strategies for enhancing exports in the light of emerging national and international trade scenarios.
An important item on the Agenda of the forthcoming meeting would be the presentation by select Working Groups and Study Groups which were set up sometime ago on specified areas of Indian exports. Five Working Groups were set up on “evaluation of different export Promotion Schemes”; “trade facilitation”; “manufacturing sector”; “identifying specific sectors and strategies having comparative advantage” and on SEZs and EOUs.
Besides this, there were four sectoral Study Groups on textiles; pharmaceuticals; chemicals & allied sectors; and on the impact of Regional Trade Agreements RTAs) and Free trade Areas (FTAs) on Indian industry and exports.
The Board of Trade was revamped in pursuance of the announcement made by Shri Kamal Nath as part of the Foreign Trade Policy (2004-09) and given a clear and dynamic role.
marketing@alchempro.com
