Sat. Sep 19th, 2020

Council for Trade Development and Promotion to be constituted with immediate effect

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On 03.07.2015,
the Ministry of Commerce and Industry issued a notification to constitute the
Council for Trade Development and Promotion with immediate effect.

The term of
reference for the Council is as follows:

provide a platform to State
Governments and UTs for articulating their perspectives on trade policy;  
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;
help State Governments develop and
pursue export strategies in line with national Foreign Trade Policy;
provide a platform for deliberation
on the need for infrastructure developments to fill the gaps which
adversely affect India’s exports etc.

The Council
shall comprise of Chairperson and several other members, and shall meet atleast
once every year at Delhi
or anywhere in the country.

 

-Ministry of Commerce and Industry
Source: Legal news India

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