Ozg Impex Consultant
india.impexconsultant.com
india.impexconsultant.com
Phone #
098.11.41.58.61-72-84-92-94
CHAPTER-1C
Board of Trade
Board of Trade 1C.1 The Board of Trade shall be revamped and
given a clear and dynamic role in advising government on relevant issues
connected with Foreign Trade Policy. There would be a process of continuous
interaction between the Board of Trade and Government in order to achieve the
desired objective of boosting India’s exports.
Terms of Reference 1C.2 The
Board of Trade would have the following terms of reference:
I
To advise the Government on Policy measures for preparation
and implementation of both short and long term plans for increasing exports in
the light of emerging national and international economic scenarios;
II
To review export performance of various sectors, identify
constraints and suggest industry specific measures to optimize export earnings;
III
To examine the existing institutional framework for imports
& exports and suggest practical measures for further streamlining to
achieve the desired objectives;
IV
To review the policy instruments and procedures for imports
& exports and suggest steps to rationalize and channelise such schemes for
optimum use;
V
To examine issues which are considered relevant for
promotion of India’s foreign trade, and to strengthen the international
competitiveness of Indian goods and services.
VI
To commission studies for furtherance of the above
objectives.
Composition 1C.3 Government
shall nominate an eminent person or expert on trade policy to be President of
the Board of Trade. Government shall also nominate 25 persons, of whom at least
10 will be experts in trade policy. In addition, Chairmen of recognized Export
Promotion Councils and President or Secretary-Generals of National Chambers of
Commerce will be ex-officio members.
Meetings 1C.4 The
Board will meet at least once every quarter and make recommendations to
Government on issues pertaining to its terms of reference.
Sub- committee 1C.5 The
Board of Trade will have the power to set up sub-committees and to co-opt
experts to these, to make recommendations on specific sectors and objectives.
Secretariat and
Budget Head 1C.6 The Board of Trade will have a
Secretariat and Budget Head and shall be serviced by the Department of
Commerce.
Phone #
098.11.41.58.61-72-84-92-94
Office Timing: Mon - Sat, 9:30 a.m. - 5:30 p.m. IST
Email: ask@impexconsultant.com
Note:
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