Sponsored
    Follow Us:
Sponsored

It has been decided to merge the Council for Trade Development and Promotion (CTDP) with the Board of Trade (BOT) and the new forum will remain as Board of Trade (BOT)

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade

Notification No. 11/2015-20-DGFT

New Delhi, the 17 July, 2019

The Council for Trade Development and Promotion (CTDP) was constituted vide S.O. 1798(E) dated 3rd July, 2015 to ensure regular dialogue with State Governments and UTs on measures for providing an International trade enabling environment in the States and to create a framework for making the States active partners in boosting India’s exports. The Board of Trade has been in existence for quite some time and was reconstituted vide Trade Notice 21/2015-20 dated 23 March, 2016. The objective of BOT is to have regular discussion and consultation with trade and industry and advise the Government on Policy measures related to Foreign Trade Policy in order to achieve the objective of boosting India’s trade.

2. To bring about greater coherence in consultation process, it has been decided to merge the Council for Trade Development and Promotion (CTDP) with the Board of Trade (BOT) and the new forum will remain as Board of Trade (BOT) and its composition and Terms of Reference (TOR) will be as under:

Composition of Board of Trade:-

1. Union Commerce and Industry Minister Chairperson
2. Minister/s of State for Commerce & Industries, Gol and Minister in-charge of Trade and Commerce in States and UTs Members
3. Secretaries to Government of India:

Commerce, Revenue, Financial Services, External Affairs, Railways(Chairman Railway Board), Shipping, Road Transport & Highways, Civil Aviation, Promotion of Industry & Internal Trade, Agriculture & Cooperation, Health & Family Welfare, Chemical & Petrochemical, Posts, Animal Husbandry, Food Processing, Information Technology, Economic Affairs, MSME, Textiles, Environment & Forests, Defence Production and Fisheries.

&

CEO, NITI Aayog, Deputy Governor RBI, Chairman, CBIC, Chairman NHAI, CMD ECGC, MD EXIM Bank, MD, Container Corporation of India, Chairperson/President, MPEDA, FSSAI, APEDA, Coffee Board, Tea Board, Spice Board, Rubber Board, Head -Centre for WTO Studies, Director RIS,

Official Members
4. President/Chairman, CII, FICCI, FIEO, ASSOCHAM, NASSCOM, GJEPC, AEPC, SRTPC, EPCH, CLE, EEPC, CHEMEXCIL, PHARMEXCIL, EPC for EOUs & SEZs, SEPC, President, The Seafood Exporters Association of India, Indian Association of Tour Operators, SAARC Chairman of Commerce & Industry, President Brihan Mumbai Customs House Agents Association, Federation of Freight Forwarders’ Associations of India, Federation of Indian Micro, Small and Medium Enterprises, Federation of Indian Women Enterprises, Indian Oilseeds and Producer Export Promotion Council, Laghu Udyog Bharti, CEO, Express Industry Council of India. Ex-officio Members from Apex Chembers and EPCs
5. To be notified separately Non-official Members
6. DGFT Members Secretary
Chairmen can co-opt any other official or expert, if required

3. The Terms of Reference for the Board of Trade (BoT) would be as follows:

i. To provide a platform to State Governments and UTs for articulating their perspectives on trade policy;

ii. To provide a platform to Government of India for apprising State Governments and UTs about international developments affecting India’s trade potential and opportunities and to prepare them to deal with evolving situation;

iii. To help State Governments develop and pursue export strategies in line with national Foreign Trade Policy;

iv. To provide a platform for deliberation on the need for infrastructure relevant for promoting trade and for identification of impediments and infrastructure gaps which adversely affect India’s exports;

v. To facilitate a mechanism for discussion on operationalization of trade infrastructure.

vi. To advise Government of Policy measures for preparation and implementation of both short and long term plans for increasing economic scenarios;

vii. To review export performance of various sectors, identify constraints and suggest industry specific measures to optimize export earnings;

viii. To examine existing institutional framework for imports and exports and suggest practical measures for further streamlining to achieve desires objectives;

ix. To review policy instruments and procedure for imports and exports and suggest steps to rationalize use; and

x. To examine issues which are considered relevant for promotion of India’s foreign trade and for strengthening international competitiveness of Indian goods and services.

(Alok Vardhan Chaturvedi)
Director General of Foreign Trade &
Ex-officio Additional Secretary to the Government of India

(File No. 01/36/218/16/AM18/TC(Part II)

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031